FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Share Price Passes Above 200-Day Moving Average – Should You Sell?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s stock price crossed 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 Price Performance

The firm has a 50-day simple moving average of $42.44 and a two-hundred day simple moving average of $41.87. The company has a market cap of $574.52 million, a PE ratio of 23.81 and a beta of 0.64.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Legacy Capital Wealth Partners LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – October during the 2nd quarter worth about $6,496,000. Cetera Investment Advisers boosted its position in FT Vest U.S. Equity Buffer ETF – October by 1,612.0% during the first quarter. Cetera Investment Advisers now owns 152,355 shares of the company’s stock worth $6,181,000 after acquiring an additional 143,456 shares during the last quarter. Assetmark Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – October by 199.5% in the 3rd quarter. Assetmark Inc. now owns 70,876 shares of the company’s stock worth $2,995,000 after acquiring an additional 47,214 shares during the period. Jane Street Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the 3rd quarter valued at $1,383,000. Finally, Atria Investments Inc purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the 1st quarter worth $1,016,000.

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.