FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Sets New 1-Year High – Time to Buy?

Shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $48.88 and last traded at $49.00, with a volume of 16024 shares. The stock had previously closed at $48.71.

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

The stock has a 50-day moving average price of $48.79 and a two-hundred day moving average price of $47.43. The stock has a market cap of $938.35 million, a price-to-earnings ratio of 24.45 and a beta of 0.62.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – October

Several large investors have recently bought and sold shares of FOCT. Silver Oak Securities Incorporated increased its stake in FT Vest U.S. Equity Buffer ETF – October by 39.7% during the 4th quarter. Silver Oak Securities Incorporated now owns 24,292 shares of the company’s stock valued at $1,195,000 after purchasing an additional 6,909 shares in the last quarter. Brookstone Capital Management grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 29.9% during the fourth quarter. Brookstone Capital Management now owns 38,360 shares of the company’s stock valued at $1,879,000 after buying an additional 8,829 shares during the last quarter. Legacy Solutions LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – October by 42.2% in the 4th quarter. Legacy Solutions LLC now owns 7,458 shares of the company’s stock valued at $365,000 after acquiring an additional 2,214 shares during the period. CoreCap Advisors LLC raised its stake in FT Vest U.S. Equity Buffer ETF – October by 6.3% in the 4th quarter. CoreCap Advisors LLC now owns 15,845 shares of the company’s stock worth $776,000 after acquiring an additional 944 shares during the last quarter. Finally, Signal Advisors Wealth LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – October during the 4th quarter worth about $1,026,000.

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.