FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Sets New 52-Week High – What’s Next?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $49.4302 and last traded at $49.35, with a volume of 16494 shares. The stock had previously closed at $49.36.

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

The company’s 50-day simple moving average is $48.86 and its 200-day simple moving average is $47.54. The stock has a market capitalization of $947.32 million, a price-to-earnings ratio of 24.45 and a beta of 0.62.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – October by 159.8% in the second quarter. Envestnet Asset Management Inc. now owns 716,816 shares of the company’s stock valued at $32,092,000 after acquiring an additional 440,871 shares during the period. Cetera Investment Advisers raised its stake in FT Vest U.S. Equity Buffer ETF – October by 42.5% in the 2nd quarter. Cetera Investment Advisers now owns 484,491 shares of the company’s stock worth $21,691,000 after purchasing an additional 144,424 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – October by 227.8% in the 2nd quarter. CreativeOne Wealth LLC now owns 174,929 shares of the company’s stock valued at $7,832,000 after purchasing an additional 121,567 shares during the period. BAM Wealth Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – October in the 4th quarter valued at about $5,119,000. Finally, Osaic Holdings Inc. grew its position in shares of FT Vest U.S. Equity Buffer ETF – October by 42.0% during the 2nd quarter. Osaic Holdings Inc. now owns 188,286 shares of the company’s stock worth $8,333,000 after purchasing an additional 55,716 shares in the last quarter.

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.