FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $54.08 and last traded at $54.0640, with a volume of 665 shares traded. The stock had previously closed at $53.81.

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

The company has a market cap of $1.04 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 $53.31 and a 200 day simple moving average of $51.58.

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

Several hedge funds and other institutional investors have recently modified their holdings of FOCT. Integrity Alliance LLC. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the fourth quarter valued at about $738,000. Harbour Investments Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 326.0% in the 4th quarter. Harbour Investments Inc. now owns 46,404 shares of the company’s stock valued at $2,273,000 after acquiring an additional 35,512 shares in the last quarter. REAP Financial Group LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – October by 82.8% in the 4th quarter. REAP Financial Group LLC now owns 146,285 shares of the company’s stock worth $7,166,000 after acquiring an additional 66,278 shares during the period. HighTower Advisors LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 246.0% during the 4th quarter. HighTower Advisors LLC now owns 20,560 shares of the company’s stock worth $1,007,000 after purchasing an additional 14,617 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 16.0% during the 1st quarter. Kestra Advisory Services LLC now owns 107,151 shares of the company’s stock worth $5,109,000 after purchasing an additional 14,767 shares in the last quarter.

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.