FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 52-Week High – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) reached a new 52-week high on Monday . The company traded as high as $52.43 and last traded at $52.43, with a volume of 191 shares changing hands. The stock had previously closed at $51.95.

FT Vest U.S. Equity Buffer ETF – October Stock Down 0.7%

The stock has a market capitalization of $990.74 million, a P/E ratio of 24.45 and a beta of 0.62. The company has a 50-day moving average price of $51.46 and a two-hundred day moving average price of $49.80.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – October

Hedge funds have recently bought and sold shares of the company. Atria Investments Inc bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the fourth quarter valued at $7,680,000. Cetera Investment Advisers increased its stake in FT Vest U.S. Equity Buffer ETF – October by 51.7% in the 4th quarter. Cetera Investment Advisers now owns 373,788 shares of the company’s stock worth $18,312,000 after acquiring an additional 127,413 shares during the last quarter. BAM Wealth Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 4th quarter worth about $5,119,000. Sigma Planning Corp bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 4th quarter worth about $4,093,000. Finally, LPL Financial LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 38.3% in the 4th quarter. LPL Financial LLC now owns 241,423 shares of the company’s stock valued at $11,827,000 after acquiring an additional 66,911 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – October Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.