Principal Securities Inc. Takes Position in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)

Principal Securities Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 767 shares of the company’s stock, valued at approximately $33,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bleakley Financial Group LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the fourth quarter worth about $11,538,000. WealthPlan Investment Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 4th quarter valued at $6,669,000. McCarthy & Cox boosted its stake in FT Vest U.S. Equity Buffer ETF – October by 5.2% in the fourth quarter. McCarthy & Cox now owns 144,387 shares of the company’s stock worth $6,155,000 after purchasing an additional 7,162 shares in the last quarter. Prospera Financial Services Inc grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 1.3% during the third quarter. Prospera Financial Services Inc now owns 125,637 shares of the company’s stock worth $5,309,000 after purchasing an additional 1,575 shares during the last quarter. Finally, WealthPLAN Partners LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at $3,835,000.

FT Vest U.S. Equity Buffer ETF – October Stock Performance

BATS:FOCT opened at $43.12 on Friday. The stock’s 50-day moving average price is $43.28 and its two-hundred day moving average price is $42.74. The firm has a market cap of $574.78 million, a P/E ratio of 23.81 and a beta of 0.64.

FT Vest U.S. Equity Buffer ETF – October 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.