Echo Wealth Management LLC Buys 27,929 Shares of FT Vest U.S. Equity Deep Buffer ETF – November $DNOV

Echo Wealth Management LLC increased its position in FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) by 66.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,275 shares of the company’s stock after buying an additional 27,929 shares during the period. FT Vest U.S. Equity Deep Buffer ETF – November accounts for about 1.9% of Echo Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position. Echo Wealth Management LLC owned about 0.97% of FT Vest U.S. Equity Deep Buffer ETF – November worth $3,367,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of DNOV. Horizon Investments LLC lifted its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 41.6% in the 3rd quarter. Horizon Investments LLC now owns 52,389 shares of the company’s stock worth $2,453,000 after acquiring an additional 15,399 shares during the last quarter. Clark Capital Management Group Inc. purchased a new stake in shares of FT Vest U.S. Equity Deep Buffer ETF – November in the 3rd quarter worth $283,000. Citadel Advisors LLC lifted its stake in FT Vest U.S. Equity Deep Buffer ETF – November by 38.9% in the third quarter. Citadel Advisors LLC now owns 18,424 shares of the company’s stock worth $863,000 after acquiring an additional 5,162 shares during the period. Mariner LLC lifted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 2.8% in the 3rd quarter. Mariner LLC now owns 72,505 shares of the company’s stock worth $3,395,000 after purchasing an additional 1,959 shares during the period. Finally, Sage Capital Advisors llc boosted its position in FT Vest U.S. Equity Deep Buffer ETF – November by 4.4% during the 4th quarter. Sage Capital Advisors llc now owns 9,450 shares of the company’s stock valued at $462,000 after acquiring an additional 400 shares in the last quarter.

FT Vest U.S. Equity Deep Buffer ETF – November Stock Performance

BATS:DNOV opened at $50.96 on Friday. The stock has a market capitalization of $368.44 million, a P/E ratio of 25.02 and a beta of 0.39. FT Vest U.S. Equity Deep Buffer ETF – November has a fifty-two week low of $44.31 and a fifty-two week high of $51.38. The company’s 50-day simple moving average is $50.75 and its 200-day simple moving average is $49.48.

FT Vest U.S. Equity Deep Buffer ETF – November Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – November (DNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. DNOV was launched on Nov 15, 2019 and is managed by First Trust.