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

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $52.59 and last traded at $52.58, with a volume of 10708 shares. The stock had previously closed at $52.29.

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

The company has a market capitalization of $1.00 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62. The firm has a fifty day simple moving average of $51.86 and a 200 day simple moving average of $50.06.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – October

A number of institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its position in FT Vest U.S. Equity Buffer ETF – October by 1.6% during the first quarter. Royal Bank of Canada now owns 73,512 shares of the company’s stock worth $3,051,000 after acquiring an additional 1,151 shares during the period. Jane Street Group LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October during the first quarter worth about $682,000. First Trust Advisors LP increased its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 27.7% during the second quarter. First Trust Advisors LP now owns 13,970 shares of the company’s stock worth $625,000 after purchasing an additional 3,033 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – October by 8.1% during the 2nd quarter. NewEdge Advisors LLC now owns 12,883 shares of the company’s stock worth $577,000 after purchasing an additional 964 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – October by 2.8% during the 2nd quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock worth $27,009,000 after purchasing an additional 16,451 shares during the last quarter.

About FT Vest U.S. Equity Buffer ETF – October

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.