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

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $53.39 and last traded at $53.39, with a volume of 3383 shares trading hands. The stock had previously closed at $53.15.

FT Vest U.S. Equity Buffer ETF – September Stock Up 0.4%

The stock has a market cap of $931.13 million, a price-to-earnings ratio of 24.69 and a beta of 0.62. The business has a 50-day moving average of $51.46 and a 200-day moving average of $51.36.

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

Institutional investors have recently bought and sold shares of the company. CWM LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – September by 5.3% during the fourth quarter. CWM LLC now owns 452,254 shares of the company’s stock valued at $23,318,000 after buying an additional 22,816 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – September by 40.0% during the third quarter. Commonwealth Equity Services LLC now owns 306,680 shares of the company’s stock valued at $15,500,000 after buying an additional 87,655 shares in the last quarter. Assetmark Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – September by 15.7% during the fourth quarter. Assetmark Inc. now owns 251,276 shares of the company’s stock valued at $12,956,000 after buying an additional 34,124 shares in the last quarter. LPL Financial LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – September by 5.4% during the fourth quarter. LPL Financial LLC now owns 243,763 shares of the company’s stock valued at $12,568,000 after buying an additional 12,511 shares in the last quarter. Finally, Raymond James Financial Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 5.8% in the third quarter. Raymond James Financial Inc. now owns 216,488 shares of the company’s stock worth $10,941,000 after purchasing an additional 11,893 shares during the period.

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

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) 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. FSEP was launched on Sep 18, 2020 and is managed by First Trust.