NewEdge Advisors LLC Purchases 87,590 Shares of FT Vest U.S. Equity Buffer ETF – September $FSEP

NewEdge Advisors LLC increased its position in FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) by 590.0% in the first quarter, HoldingsChannel reports. The firm owned 102,436 shares of the company’s stock after purchasing an additional 87,590 shares during the quarter. NewEdge Advisors LLC’s holdings in FT Vest U.S. Equity Buffer ETF – September were worth $5,156,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in FSEP. Royal Bank of Canada grew its stake in FT Vest U.S. Equity Buffer ETF – September by 3.8% in the first quarter. Royal Bank of Canada now owns 23,154 shares of the company’s stock worth $1,031,000 after purchasing an additional 840 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter worth about $411,000. Gallagher Fiduciary Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter worth about $613,000. MML Investors Services LLC lifted its position in FT Vest U.S. Equity Buffer ETF – September by 14.8% during the 2nd quarter. MML Investors Services LLC now owns 32,894 shares of the company’s stock valued at $1,579,000 after acquiring an additional 4,233 shares during the period. Finally, JPMorgan Chase & Co. lifted its position 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 valued at $70,000 after acquiring an additional 991 shares during the period.

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

BATS:FSEP opened at $56.31 on Wednesday. FT Vest U.S. Equity Buffer ETF – September has a one year low of $49.06 and a one year high of $56.44. The company’s 50-day simple moving average is $55.18 and its 200 day simple moving average is $53.35. The firm has a market capitalization of $982.61 million, a P/E ratio of 24.69 and a beta of 0.62.

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.