FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Reaches New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEBGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as $61.61 and last traded at $61.61, with a volume of 127 shares changing hands. The stock had previously closed at $61.14.

FT Vest U.S. Equity Buffer ETF – February Stock Up 0.4%

The company’s fifty day moving average price is $60.91 and its two-hundred day moving average price is $58.89. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FFEB. Global Retirement Partners LLC bought a new position in FT Vest U.S. Equity Buffer ETF – February during the 4th quarter worth about $29,000. First Horizon Corp bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – February in the fourth quarter valued at about $34,000. Topsail Wealth Management LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 333.3% during the fourth quarter. Topsail Wealth Management LLC now owns 650 shares of the company’s stock worth $37,000 after buying an additional 500 shares during the period. Wells Fargo & Company MN boosted its position in shares of FT Vest U.S. Equity Buffer ETF – February by 239.2% during the fourth quarter. Wells Fargo & Company MN now owns 960 shares of the company’s stock worth $54,000 after buying an additional 677 shares during the period. Finally, Advisory Services Network LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth about $84,000.

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

(Get Free Report)

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.

Further Reading

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