FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) Hits New 1-Year High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) shares reached a new 52-week high on Thursday . The stock traded as high as $61.31 and last traded at $61.31, with a volume of 7948 shares traded. The stock had previously closed at $61.05.

FT Vest U.S. Equity Buffer ETF – February Trading Up 0.4%

The firm has a 50 day moving average price of $60.56 and a 200 day moving average price of $58.36. The stock has a market capitalization of $1.22 billion, a PE ratio of 24.30 and a beta of 0.59.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Regal Investment Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – February by 1,044.2% during the third quarter. Regal Investment Advisors LLC now owns 74,886 shares of the company’s stock valued at $4,130,000 after buying an additional 68,341 shares during the last quarter. Faithward Advisors LLC grew its stake in FT Vest U.S. Equity Buffer ETF – February by 77.6% during the first quarter. Faithward Advisors LLC now owns 18,969 shares of the company’s stock valued at $1,059,000 after acquiring an additional 8,286 shares in the last quarter. Assetmark Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – February by 15.1% in the 4th quarter. Assetmark Inc. now owns 228,734 shares of the company’s stock valued at $12,951,000 after acquiring an additional 29,996 shares during the last quarter. Rockefeller Capital Management L.P. increased its holdings in FT Vest U.S. Equity Buffer ETF – February by 219.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 150,992 shares of the company’s stock valued at $8,549,000 after acquiring an additional 103,768 shares during the last quarter. Finally, Stewardship Concepts Financial Services LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – February in the 4th quarter worth $1,215,000.

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

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.