FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Stock Price Breaks Above 50 Day Moving Average – Time to Sell?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $62.65 and traded as high as $62.88. FT Vest U.S. Equity Buffer ETF – February shares last traded at $62.74, with a volume of 12,125 shares trading hands.

FT Vest U.S. Equity Buffer ETF – February Stock Up 0.8%

The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 24.30 and a beta of 0.61. The company has a fifty day moving average price of $62.65 and a two-hundred day moving average price of $60.28.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – February

Several institutional investors and hedge funds have recently bought and sold shares of FFEB. Global Retirement Partners LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – February during the 3rd quarter worth $32,000. Blue Bell Private Wealth Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth about $53,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth about $112,000. IFP Advisors Inc purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth about $127,000. Finally, Sound Income Strategies LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the third quarter worth about $201,000.

About FT Vest U.S. Equity Buffer ETF – February

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.