FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Shares Pass Above 200 Day Moving Average – What’s Next?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $41.87 and traded as high as $43.19. FT Vest U.S. Equity Buffer ETF – October shares last traded at $43.10, with a volume of 13,199 shares trading hands.

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

The firm has a market cap of $574.52 million, a P/E ratio of 23.81 and a beta of 0.64. The firm’s 50 day moving average is $42.44 and its two-hundred day moving average is $41.87.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – October

Several hedge funds have recently bought and sold shares of FOCT. Truist Financial Corp lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 2.7% during the 2nd quarter. Truist Financial Corp now owns 37,843 shares of the company’s stock valued at $1,572,000 after purchasing an additional 1,005 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 152,284 shares of the company’s stock worth $6,326,000 after buying an additional 11,625 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – October by 1.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 35,982 shares of the company’s stock valued at $1,495,000 after buying an additional 499 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 1,612.0% in the first quarter. Cetera Investment Advisers now owns 152,355 shares of the company’s stock valued at $6,181,000 after buying an additional 143,456 shares during the period. Finally, First Heartland Consultants Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 3.4% in the second quarter. First Heartland Consultants Inc. now owns 11,468 shares of the company’s stock valued at $476,000 after buying an additional 375 shares during the period.

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.