FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Sets New 1-Year High – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) reached a new 52-week high on Tuesday. The stock traded as high as $63.21 and last traded at $60.0810, with a volume of 543 shares trading hands. The stock had previously closed at $60.28.

FT Vest U.S. Equity Buffer ETF – November Stock Up 1.0%

The stock has a market cap of $1.30 billion, a P/E ratio of 24.11 and a beta of 0.69. The firm’s 50 day simple moving average is $60.27 and its two-hundred day simple moving average is $57.80.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – November during the third quarter worth about $272,000. StoneX Group Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at approximately $275,000. Gateway Wealth Partners LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the first quarter valued at approximately $345,000. Cornerstone Wealth LLC TN bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the first quarter valued at approximately $376,000. Finally, HighTower Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the third quarter valued at approximately $394,000.

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.