Fragasso Financial Advisors Inc Trims Stake in FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)

Fragasso Financial Advisors Inc reduced its stake in shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) by 7.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 66,509 shares of the company’s stock after selling 5,108 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in FT Vest U.S. Equity Buffer ETF – September were worth $3,039,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. PFS Partners LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the third quarter valued at approximately $30,000. Barclays PLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the third quarter valued at approximately $48,000. Range Financial Group LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the fourth quarter valued at approximately $246,000. Hanlon Investment Management Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the third quarter valued at approximately $255,000. Finally, Townsquare Capital LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – September by 10.0% in the third quarter. Townsquare Capital LLC now owns 6,136 shares of the company’s stock valued at $276,000 after buying an additional 560 shares in the last quarter.

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

Shares of FT Vest U.S. Equity Buffer ETF – September stock traded down $0.42 on Monday, reaching $45.48. The company’s stock had a trading volume of 31,657 shares. The firm has a market capitalization of $550.31 million, a P/E ratio of 24.72 and a beta of 0.70. The business has a 50-day simple moving average of $45.97 and a 200-day simple moving average of $44.94.

About FT Vest U.S. Equity Buffer ETF – September

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.