Merit Financial Group LLC Cuts Stock Position in FT Vest U.S. Equity Buffer ETF – September $FSEP

Merit Financial Group LLC lessened its holdings in FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) by 42.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 21,924 shares of the company’s stock after selling 16,431 shares during the period. Merit Financial Group LLC owned about 0.13% of FT Vest U.S. Equity Buffer ETF – September worth $1,130,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FSEP. Royal Bank of Canada raised its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 3.8% in the 1st quarter. Royal Bank of Canada now owns 23,154 shares of the company’s stock valued at $1,031,000 after acquiring an additional 840 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter valued at $411,000. Gallagher Fiduciary Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter valued at $613,000. MML Investors Services LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 14.8% in the 2nd quarter. MML Investors Services LLC now owns 32,894 shares of the company’s stock valued at $1,579,000 after acquiring an additional 4,233 shares during the period. Finally, Founders Financial Securities LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 24.7% in the 3rd quarter. Founders Financial Securities LLC now owns 23,265 shares of the company’s stock valued at $1,176,000 after acquiring an additional 4,605 shares during the period.

FT Vest U.S. Equity Buffer ETF – September Trading Down 0.2%

Shares of FSEP stock opened at $53.15 on Friday. The company’s fifty day simple moving average is $51.46 and its 200-day simple moving average is $51.36. FT Vest U.S. Equity Buffer ETF – September has a 52 week low of $43.54 and a 52 week high of $53.33. The company has a market cap of $927.47 million, a PE ratio of 24.69 and a beta of 0.62.

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.