FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Sees Large Drop in Short Interest

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 20,727 shares, a decline of 66.9% from the October 15th total of 62,539 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 22,045 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – September

A number of institutional investors and hedge funds have recently bought and sold shares of FSEP. Wealthcare Advisory Partners LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – September by 1.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 741,908 shares of the company’s stock worth $40,864,000 after purchasing an additional 8,006 shares in the last quarter. Assetmark Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 11.4% in the first quarter. Assetmark Inc. now owns 279,992 shares of the company’s stock valued at $14,092,000 after purchasing an additional 28,716 shares in the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – September in the third quarter valued at approximately $10,846,000. REAP Financial Group LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 12.7% in the third quarter. REAP Financial Group LLC now owns 141,495 shares of the company’s stock valued at $8,084,000 after purchasing an additional 15,944 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – September in the third quarter valued at approximately $6,488,000.

FT Vest U.S. Equity Buffer ETF – September Trading Down 0.1%

FSEP traded down $0.08 during mid-day trading on Friday, hitting $56.87. 29,081 shares of the stock were exchanged, compared to its average volume of 45,154. The firm’s fifty day moving average is $57.19 and its two-hundred day moving average is $54.60. FT Vest U.S. Equity Buffer ETF – September has a 1-year low of $49.14 and a 1-year high of $58.06. The company has a market cap of $1.43 billion, a PE ratio of 24.69 and a beta of 0.62.

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

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.