FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 12-Month High – Here’s Why

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) hit a new 52-week high during trading on Thursday. The company traded as high as $54.80 and last traded at $54.65, with a volume of 34,431 shares. The stock had previously closed at $54.61.

FT Vest U.S. Equity Buffer ETF – October Stock Up 0.1%

The company has a fifty day moving average of $53.88 and a 200 day moving average of $52.26. The company has a market cap of $1.05 billion, a P/E ratio of 24.45 and a beta of 0.62.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Triumph Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 3rd quarter worth approximately $77,000. Signal Advisors Wealth LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October during the 3rd quarter worth approximately $529,000. Accel Wealth Management purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – October in the 3rd quarter worth $379,000. Fragasso Financial Advisors Inc bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 3rd quarter worth about $1,163,000. Finally, Midwest Financial Network LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – October in the 3rd quarter valued at about $512,000.

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

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.