FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Reaches New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) shares reached a new 52-week high on Monday . The stock traded as high as $52.42 and last traded at $52.39, with a volume of 29180 shares traded. The stock had previously closed at $51.89.

FT Vest U.S. Equity Buffer ETF – October Trading Up 1.0%

The firm’s 50-day moving average is $50.96 and its two-hundred day moving average is $49.63. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 24.45 and a beta of 0.62.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of FOCT. Royal Bank of Canada boosted its position in FT Vest U.S. Equity Buffer ETF – October by 1.6% during the first quarter. Royal Bank of Canada now owns 73,512 shares of the company’s stock worth $3,051,000 after acquiring an additional 1,151 shares during the last quarter. Jane Street Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October during the first quarter worth about $682,000. First Trust Advisors LP boosted its position in FT Vest U.S. Equity Buffer ETF – October by 27.7% during the second quarter. First Trust Advisors LP now owns 13,970 shares of the company’s stock worth $625,000 after acquiring an additional 3,033 shares during the last quarter. NewEdge Advisors LLC boosted its position in FT Vest U.S. Equity Buffer ETF – October by 8.1% during the second quarter. NewEdge Advisors LLC now owns 12,883 shares of the company’s stock worth $577,000 after acquiring an additional 964 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – October by 2.8% during the second quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock worth $27,009,000 after acquiring an additional 16,451 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.