FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Reaches New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) reached a new 52-week high on Wednesday . The company traded as high as $52.79 and last traded at $52.79, with a volume of 5685 shares. The stock had previously closed at $52.66.

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

The firm has a market capitalization of $1.01 billion, a PE ratio of 24.45 and a beta of 0.62. The company has a 50-day moving average price of $52.00 and a 200-day moving average price of $50.16.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – October

A number of hedge funds and other institutional investors have recently modified their holdings of FOCT. Royal Bank of Canada raised its position in shares of FT Vest U.S. Equity Buffer ETF – October by 1.6% in the first quarter. Royal Bank of Canada now owns 73,512 shares of the company’s stock valued at $3,051,000 after buying an additional 1,151 shares during the last quarter. Jane Street Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – October during the first quarter worth approximately $682,000. First Trust Advisors LP boosted its position in FT Vest U.S. Equity Buffer ETF – October by 27.7% during the second quarter. First Trust Advisors LP now owns 13,970 shares of the company’s stock worth $625,000 after acquiring an additional 3,033 shares during the last quarter. NewEdge Advisors LLC grew its stake in FT Vest U.S. Equity Buffer ETF – October by 8.1% in the 2nd quarter. NewEdge Advisors LLC now owns 12,883 shares of the company’s stock worth $577,000 after acquiring an additional 964 shares during the period. Finally, Raymond James Financial Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – October by 2.8% in the 2nd quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock worth $27,009,000 after acquiring an additional 16,451 shares during the period.

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.