FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Hits New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $55.26 and last traded at $55.22, with a volume of 275 shares trading hands. The stock had previously closed at $55.08.

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

The company’s 50 day moving average price is $54.49 and its 200 day moving average price is $52.62. The company has a market cap of $961.32 million, a price-to-earnings ratio of 24.69 and a beta of 0.62.

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

A number of large investors have recently bought and sold shares of FSEP. Royal Bank of Canada raised its holdings in FT Vest U.S. Equity Buffer ETF – September by 3.8% during the first quarter. Royal Bank of Canada now owns 23,154 shares of the company’s stock valued at $1,031,000 after buying an additional 840 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – September during the 2nd quarter worth about $411,000. Gallagher Fiduciary Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the 2nd quarter valued at about $613,000. MML Investors Services LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 14.8% during 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 last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – September by 247.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,391 shares of the company’s stock valued at $70,000 after acquiring an additional 991 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – September Company Profile

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.