FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.

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

The company has a market capitalization of $574.52 million, a price-to-earnings ratio of 23.81 and a beta of 0.64. The firm has a 50-day moving average price of $42.44 and a two-hundred day moving average price of $41.87.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – October

A number of large investors have recently bought and sold shares of FOCT. Atria Investments Inc acquired a new stake in FT Vest U.S. Equity Buffer ETF – October in the 1st quarter valued at $1,016,000. Cetera Investment Advisers grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 1,612.0% in the 1st quarter. Cetera Investment Advisers now owns 152,355 shares of the company’s stock valued at $6,181,000 after acquiring an additional 143,456 shares in the last quarter. Transcend Capital Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the second quarter valued at about $204,000. Envestnet Portfolio Solutions Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – October during the second quarter worth about $214,000. Finally, First Heartland Consultants Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – October by 3.4% during the second quarter. First Heartland Consultants Inc. now owns 11,468 shares of the company’s stock valued at $476,000 after purchasing an additional 375 shares during the last quarter.

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