Stephens Inc. AR Sells 48,795 Shares of FT Vest U.S. Equity Buffer ETF – October $FOCT

Stephens Inc. AR lessened its holdings in shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) by 81.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,219 shares of the company’s stock after selling 48,795 shares during the quarter. Stephens Inc. AR’s holdings in FT Vest U.S. Equity Buffer ETF – October were worth $502,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FOCT. Financial Network Wealth Advisors LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 64.3% in the first quarter. Financial Network Wealth Advisors LLC now owns 1,909 shares of the company’s stock worth $79,000 after purchasing an additional 747 shares in the last quarter. Wood Tarver Financial Group LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 145.2% in the first quarter. Wood Tarver Financial Group LLC now owns 4,440 shares of the company’s stock worth $184,000 after purchasing an additional 2,629 shares in the last quarter. Transcend Capital Advisors LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 14.6% in the first quarter. Transcend Capital Advisors LLC now owns 5,615 shares of the company’s stock worth $233,000 after purchasing an additional 715 shares in the last quarter. Arbor Capital Management Inc. ADV raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 2.6% in the first quarter. Arbor Capital Management Inc. ADV now owns 9,667 shares of the company’s stock worth $403,000 after purchasing an additional 244 shares in the last quarter. Finally, RFG Advisory LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the second quarter worth $460,000.

FT Vest U.S. Equity Buffer ETF – October Trading Up 14.2%

FOCT opened at $48.49 on Friday. The stock has a fifty day simple moving average of $47.07 and a two-hundred day simple moving average of $44.74. The company has a market cap of $927.61 million, a price-to-earnings ratio of 24.45 and a beta of 0.62. FT Vest U.S. Equity Buffer ETF – October has a 12-month low of $34.66 and a 12-month high of $45.62.

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.