FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Hits New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $57.71 and last traded at $57.64, with a volume of 9551 shares traded. The stock had previously closed at $57.61.

FT Vest U.S. Equity Buffer ETF – November Trading Up 0.2%

The stock’s 50-day simple moving average is $55.18 and its 200-day simple moving average is $54.84. The firm has a market capitalization of $1.01 billion, a P/E ratio of 24.11 and a beta of 0.65.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – November

Institutional investors have recently added to or reduced their stakes in the company. BAM Wealth Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – November in the 4th quarter worth about $5,182,000. IMC Chicago LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at about $1,267,000. Assetmark Inc. boosted its stake in FT Vest U.S. Equity Buffer ETF – November by 13.7% in the fourth quarter. Assetmark Inc. now owns 235,755 shares of the company’s stock valued at $12,926,000 after acquiring an additional 28,477 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – November by 82.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 30,148 shares of the company’s stock valued at $1,666,000 after acquiring an additional 13,655 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its stake in FT Vest U.S. Equity Buffer ETF – November by 220.5% in the fourth quarter. Silver Oak Securities Incorporated now owns 15,544 shares of the company’s stock valued at $856,000 after acquiring an additional 10,694 shares during the last quarter.

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.