FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Hits New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $56.81 and last traded at $56.7850, with a volume of 14996 shares trading hands. The stock had previously closed at $56.63.

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

The firm has a market capitalization of $991.26 million, a PE ratio of 24.69 and a beta of 0.62. The business’s fifty day moving average price is $55.74 and its 200 day moving average price is $53.85.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – September

Hedge funds have recently bought and sold shares of the company. Schulz Wealth LTD. acquired a new position in FT Vest U.S. Equity Buffer ETF – September in the second quarter valued at $5,678,000. NewEdge Advisors LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 590.0% in the 1st quarter. NewEdge Advisors LLC now owns 102,436 shares of the company’s stock worth $5,156,000 after purchasing an additional 87,590 shares during the period. Assetmark Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 11.4% in the 1st quarter. Assetmark Inc. now owns 279,992 shares of the company’s stock valued at $14,092,000 after purchasing an additional 28,716 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 57.3% during the 4th quarter. MML Investors Services LLC now owns 67,038 shares of the company’s stock worth $3,456,000 after purchasing an additional 24,417 shares during the period. Finally, Integrity Alliance LLC. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth about $1,013,000.

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

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.