FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Reaches New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)’s share price reached a new 52-week high on Friday . The stock traded as high as $56.73 and last traded at $56.73, with a volume of 5993 shares traded. The stock had previously closed at $56.46.

FT Vest U.S. Equity Buffer ETF – November Price Performance

The firm has a market capitalization of $994.30 million, a PE ratio of 24.11 and a beta of 0.65. The firm’s fifty day moving average is $54.68 and its two-hundred day moving average is $54.46.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – November by 6.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 5,166 shares of the company’s stock worth $283,000 after purchasing an additional 300 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – November by 2.8% during the third quarter. CoreCap Advisors LLC now owns 13,298 shares of the company’s stock worth $703,000 after purchasing an additional 363 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – November by 1.0% during the first quarter. Janney Montgomery Scott LLC now owns 42,753 shares of the company’s stock worth $2,283,000 after purchasing an additional 405 shares during the last quarter. Altman Advisors Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – November by 0.5% during the fourth quarter. Altman Advisors Inc. now owns 95,028 shares of the company’s stock worth $5,210,000 after purchasing an additional 507 shares during the last quarter. Finally, Buck Wealth Strategies LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – November by 11.5% during the fourth quarter. Buck Wealth Strategies LLC now owns 4,955 shares of the company’s stock worth $272,000 after purchasing an additional 510 shares during the last quarter.

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

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.