FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Hits New 1-Year High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $56.79 and last traded at $56.79, with a volume of 1485 shares. The stock had previously closed at $56.60.

FT Vest U.S. Equity Buffer ETF – November Trading Up 0.7%

The company has a 50 day moving average of $54.82 and a 200 day moving average of $54.57. The firm has a market cap of $999.21 million, a price-to-earnings ratio of 24.11 and a beta of 0.65.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – November

Large investors have recently added to or reduced their stakes in the company. SOA Wealth Advisors LLC. increased its holdings in FT Vest U.S. Equity Buffer ETF – November by 1,778.7% during the 4th quarter. SOA Wealth Advisors LLC. now owns 1,146 shares of the company’s stock worth $63,000 after purchasing an additional 1,085 shares in the last quarter. Darwin Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the 2nd quarter valued at about $73,000. Concurrent Investment Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the 3rd quarter valued at about $203,000. Apollon Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the 1st quarter valued at about $207,000. Finally, Integrity Alliance LLC. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the 4th quarter valued at about $217,000.

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

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.