FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Hits New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)’s stock price reached a new 52-week high on Thursday . The company traded as high as $54.57 and last traded at $54.52, with a volume of 37577 shares traded. The stock had previously closed at $54.43.

FT Vest U.S. Equity Buffer ETF – September Price Performance

The company’s 50 day moving average is $52.35 and its 200 day moving average is $51.81. The stock has a market cap of $952.77 million, a price-to-earnings ratio of 24.69 and a beta of 0.62.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – September

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth approximately $26,000. Topsail Wealth Management LLC increased its stake in FT Vest U.S. Equity Buffer ETF – September by 35.6% in the 4th quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock valued at $59,000 after purchasing an additional 300 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in FT Vest U.S. Equity Buffer ETF – September by 247.8% during the third quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after purchasing an additional 991 shares during the last quarter. Barclays PLC acquired a new position in FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth $149,000. Finally, IFP Advisors Inc boosted its position in FT Vest U.S. Equity Buffer ETF – September by 8.0% during the fourth quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock worth $174,000 after purchasing an additional 250 shares in the last quarter.

About FT Vest U.S. Equity Buffer ETF – September

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FSEP was launched on Sep 18, 2020 and is managed by First Trust.