FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Reaches New 52-Week High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $58.64 and last traded at $57.95, with a volume of 655275 shares. The stock had previously closed at $58.33.

FT Vest U.S. Equity Buffer ETF – November Stock Down 0.7%

The company has a market cap of $1.02 billion, a price-to-earnings ratio of 24.11 and a beta of 0.65. The company has a fifty day simple moving average of $57.52 and a two-hundred day simple moving average of $55.71.

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

A number of large investors have recently added to or reduced their stakes in FNOV. Cetera Investment Advisers raised its position in FT Vest U.S. Equity Buffer ETF – November by 60.4% during the fourth quarter. Cetera Investment Advisers now owns 547,574 shares of the company’s stock worth $30,023,000 after acquiring an additional 206,182 shares during the last quarter. Atria Investments Inc grew its position in shares of FT Vest U.S. Equity Buffer ETF – November by 1,771.3% in the fourth quarter. Atria Investments Inc now owns 146,376 shares of the company’s stock valued at $8,026,000 after purchasing an additional 138,554 shares during the last quarter. BAM Wealth Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the fourth quarter valued at approximately $5,182,000. Ausdal Financial Partners Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 4th quarter worth approximately $4,419,000. Finally, CreativeOne Wealth LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 838.2% during the 4th quarter. CreativeOne Wealth LLC now owns 62,634 shares of the company’s stock worth $3,434,000 after purchasing an additional 55,958 shares in the last quarter.

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.