FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Stock Price Up 15.1% – What’s Next?

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) shares rose 15.1% during trading on Tuesday . The company traded as high as $48.35 and last traded at $55.2390. Approximately 14,026 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 53,738 shares. The stock had previously closed at $47.99.

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

The company has a market capitalization of $968.34 million, a PE ratio of 24.11 and a beta of 0.65. The company has a 50 day moving average of $54.95 and a two-hundred day moving average of $53.32.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. CreativeOne Wealth LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 1,138.4% during the second quarter. CreativeOne Wealth LLC now owns 116,002 shares of the company’s stock valued at $5,813,000 after purchasing an additional 106,635 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – November by 381.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 465,949 shares of the company’s stock worth $23,349,000 after buying an additional 369,106 shares during the last quarter. Truist Financial Corp increased its position in FT Vest U.S. Equity Buffer ETF – November by 12.7% during the 2nd quarter. Truist Financial Corp now owns 20,568 shares of the company’s stock valued at $1,031,000 after buying an additional 2,319 shares in the last quarter. FWG Investments LLC. raised its stake in FT Vest U.S. Equity Buffer ETF – November by 11.9% during the second quarter. FWG Investments LLC. now owns 28,999 shares of the company’s stock valued at $1,453,000 after buying an additional 3,088 shares during the last quarter. Finally, Atria Investments Inc boosted its holdings in FT Vest U.S. Equity Buffer ETF – November by 597.5% in the second quarter. Atria Investments Inc now owns 49,961 shares of the company’s stock worth $2,504,000 after acquiring an additional 42,798 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.