Modern Wealth Management LLC Invests $318,000 in FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)

Modern Wealth Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) during the fourth quarter, HoldingsChannel reports. The fund acquired 6,500 shares of the company’s stock, valued at approximately $318,000.

A number of other hedge funds also recently bought and sold shares of the company. Grantvest Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the fourth quarter valued at about $337,000. LPL Financial LLC raised its position in FT Vest U.S. Equity Buffer ETF – November by 1.4% during the 4th quarter. LPL Financial LLC now owns 207,036 shares of the company’s stock valued at $9,900,000 after purchasing an additional 2,943 shares during the last quarter. 1ST Source Bank lifted its holdings in FT Vest U.S. Equity Buffer ETF – November by 14.5% in the 4th quarter. 1ST Source Bank now owns 20,611 shares of the company’s stock worth $986,000 after buying an additional 2,611 shares during the period. Creative Financial Designs Inc. ADV bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the 4th quarter worth approximately $31,000. Finally, Harbour Investments Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 17.2% during the fourth quarter. Harbour Investments Inc. now owns 37,042 shares of the company’s stock valued at $1,771,000 after buying an additional 5,424 shares during the period.

FT Vest U.S. Equity Buffer ETF – November Stock Down 1.0 %

BATS:FNOV opened at $47.16 on Friday. The firm’s fifty day simple moving average is $48.15 and its 200 day simple moving average is $47.86. The stock has a market cap of $921.05 million, a P/E ratio of 26.40 and a beta of 0.65. FT Vest U.S. Equity Buffer ETF – November has a twelve month low of $43.63 and a twelve month high of $50.45.

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

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.