FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Hits New 1-Year High – Time to Buy?

Shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) hit a new 52-week high during trading on Thursday . The company traded as high as $56.81 and last traded at $56.7850, with a volume of 14996 shares. The stock had previously closed at $56.63.

FT Vest U.S. Equity Buffer ETF – September Trading Up 0.3%

The company has a market capitalization of $991.26 million, a PE ratio of 24.69 and a beta of 0.62. The business’s 50-day simple moving average is $55.74 and its two-hundred day simple moving average is $53.85.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Parallel Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the 4th quarter worth approximately $26,000. Topsail Wealth Management LLC boosted its position in FT Vest U.S. Equity Buffer ETF – September by 35.6% during the 4th quarter. Topsail Wealth Management LLC now owns 1,143 shares of the company’s stock valued at $59,000 after purchasing an additional 300 shares during the period. JPMorgan Chase & Co. grew its stake in FT Vest U.S. Equity Buffer ETF – September by 247.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock worth $70,000 after buying an additional 991 shares during the last quarter. Barclays PLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the fourth quarter worth about $149,000. Finally, IFP Advisors Inc increased its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 8.0% in the fourth quarter. IFP Advisors Inc now owns 3,372 shares of the company’s stock valued at $174,000 after purchasing an additional 250 shares during the period.

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.