FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Reaches New 12-Month High – Here’s Why

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $53.03 and last traded at $53.00, with a volume of 2020 shares trading hands. The stock had previously closed at $52.75.

FT Vest U.S. Equity Buffer ETF – October Stock Performance

The stock has a market capitalization of $1.01 billion, a P/E ratio of 24.45 and a beta of 0.62. The firm has a fifty day moving average price of $52.21 and a two-hundred day moving average price of $50.45.

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

A number of institutional investors and hedge funds have recently made changes to their positions in FOCT. Raymond James Financial Inc. grew its position in FT Vest U.S. Equity Buffer ETF – October by 2.8% during the second quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock valued at $27,009,000 after buying an additional 16,451 shares during the period. Cetera Investment Advisers raised its position in FT Vest U.S. Equity Buffer ETF – October by 51.7% in the fourth 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 period. Assetmark Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 11.6% during the 1st quarter. Assetmark Inc. now owns 295,232 shares of the company’s stock worth $14,077,000 after acquiring an additional 30,594 shares during the last quarter. LPL Financial LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 38.3% during the 4th quarter. LPL Financial LLC now owns 241,423 shares of the company’s stock worth $11,827,000 after acquiring an additional 66,911 shares during the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – October by 8.7% during the 4th quarter. Osaic Holdings Inc. now owns 202,740 shares of the company’s stock valued at $9,932,000 after acquiring an additional 16,304 shares during the period.

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.