FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Reaches New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $59.93 and last traded at $59.93, with a volume of 140 shares. The stock had previously closed at $59.70.

FT Vest U.S. Equity Buffer ETF – November Stock Up 0.3%

The firm has a 50 day moving average of $58.88 and a 200 day moving average of $56.99. The firm has a market cap of $1.05 billion, a PE ratio of 24.11 and a beta of 0.65.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 2nd quarter worth $73,000. Raymond James Financial Inc. lifted its holdings in FT Vest U.S. Equity Buffer ETF – November by 3.6% during the second quarter. Raymond James Financial Inc. now owns 455,481 shares of the company’s stock valued at $22,824,000 after purchasing an additional 15,922 shares during the last quarter. Jane Street Group LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – November during the second quarter valued at about $257,000. Gallagher Fiduciary Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – November during the second quarter valued at about $706,000. Finally, MML Investors Services LLC boosted its position in FT Vest U.S. Equity Buffer ETF – November by 33.0% during the second quarter. MML Investors Services LLC now owns 23,366 shares of the company’s stock worth $1,171,000 after purchasing an additional 5,797 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.