FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Hits New 12-Month High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $57.47 and last traded at $57.47, with a volume of 201 shares trading hands. The stock had previously closed at $56.92.

FT Vest U.S. Equity Buffer ETF – November Trading Up 0.6%

The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.11 and a beta of 0.65. The firm has a 50-day moving average of $54.90 and a 200 day moving average of $54.65.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FNOV. SOA Wealth Advisors LLC. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 1,778.7% during the fourth quarter. SOA Wealth Advisors LLC. now owns 1,146 shares of the company’s stock valued at $63,000 after acquiring an additional 1,085 shares in the last quarter. Darwin Wealth Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – November in the second quarter valued at about $73,000. Concurrent Investment Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – November during the 3rd quarter valued at approximately $203,000. Apollon Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – November during the 1st quarter valued at approximately $207,000. Finally, Integrity Alliance LLC. purchased a new stake in FT Vest U.S. Equity Buffer ETF – November during the 4th quarter worth approximately $217,000.

FT Vest U.S. Equity Buffer ETF – November Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.