FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Hits New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $61.47 and last traded at $61.47, with a volume of 2903 shares traded. The stock had previously closed at $61.35.

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

The stock’s fifty day simple moving average is $60.71 and its 200-day simple moving average is $58.50. The firm has a market cap of $1.22 billion, a PE ratio of 24.30 and a beta of 0.59.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – February

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Faithward Advisors LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 77.6% in the first quarter. Faithward Advisors LLC now owns 18,969 shares of the company’s stock valued at $1,059,000 after purchasing an additional 8,286 shares during the period. Assetmark Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 15.1% during the fourth quarter. Assetmark Inc. now owns 228,734 shares of the company’s stock worth $12,951,000 after purchasing an additional 29,996 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – February by 219.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 150,992 shares of the company’s stock worth $8,549,000 after purchasing an additional 103,768 shares during the period. Stewardship Concepts Financial Services LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – February in the fourth quarter valued at approximately $1,215,000. Finally, Kestra Advisory Services LLC boosted its position in FT Vest U.S. Equity Buffer ETF – February by 24.9% in the first quarter. Kestra Advisory Services LLC now owns 159,927 shares of the company’s stock valued at $8,932,000 after buying an additional 31,880 shares during the last quarter.

About FT Vest U.S. Equity Buffer ETF – February

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.