FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Hits New 1-Year High – What’s Next?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price reached a new 52-week high on Thursday . The company traded as high as $53.89 and last traded at $53.86, with a volume of 15926 shares trading hands. The stock had previously closed at $53.67.

FT Vest U.S. Equity Buffer ETF – October Stock Performance

The firm’s 50-day simple moving average is $52.89 and its 200 day simple moving average is $51.13. The stock has a market capitalization of $1.03 billion, a P/E ratio of 24.45 and a beta of 0.62.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FOCT. O Shaughnessy Asset Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the 4th quarter worth approximately $56,000. JPMorgan Chase & Co. acquired a new position in FT Vest U.S. Equity Buffer ETF – October during the third quarter worth $98,000. Fifth Third Bancorp bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the fourth quarter worth $116,000. Sunbelt Securities Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – October by 20.0% in the third quarter. Sunbelt Securities Inc. now owns 2,997 shares of the company’s stock valued at $142,000 after acquiring an additional 500 shares during the last quarter. Finally, Money Concepts Capital Corp acquired a new stake in FT Vest U.S. Equity Buffer ETF – October in the first quarter valued at $203,000.

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

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.