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:FSEPGet Free Report)’s stock price hit 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. The stock had previously closed at $54.43.

FT Vest U.S. Equity Buffer ETF – September Trading Up 0.2%

The firm has a market cap of $951.37 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The stock has a 50-day moving average of $52.22 and a two-hundred day moving average of $51.77.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its position in FT Vest U.S. Equity Buffer ETF – September by 584.6% during the 1st quarter. NewEdge Advisors LLC now owns 101,636 shares of the company’s stock worth $5,115,000 after acquiring an additional 86,790 shares during the period. Sunbelt Securities Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 10.8% during the 1st quarter. Sunbelt Securities Inc. now owns 10,221 shares of the company’s stock valued at $514,000 after buying an additional 996 shares during the period. Gateway Wealth Partners LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the 1st quarter valued at $346,000. First Trust Advisors LP boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 9.1% during the 1st quarter. First Trust Advisors LP now owns 5,757 shares of the company’s stock valued at $290,000 after buying an additional 481 shares during the period. Finally, Parallel Advisors LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 500.0% during the 1st quarter. Parallel Advisors LLC now owns 3,000 shares of the company’s stock valued at $151,000 after buying an additional 2,500 shares during the last quarter.

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

(Get Free Report)

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.

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