FT Vest U.S. Equity Moderate Buffer ETF – September (BATS:GSEP) Short Interest Down 78.7% in May
by Scott Moore · The Cerbat GemFT Vest U.S. Equity Moderate Buffer ETF – September (BATS:GSEP – Get Free Report) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 508 shares, a drop of 78.7% from the April 30th total of 2,382 shares. Based on an average daily volume of 255,205 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.
FT Vest U.S. Equity Moderate Buffer ETF – September Price Performance
Shares of GSEP traded up $0.06 during midday trading on Friday, reaching $40.84. The stock had a trading volume of 30,381 shares, compared to its average volume of 71,334. FT Vest U.S. Equity Moderate Buffer ETF – September has a 1-year low of $35.45 and a 1-year high of $40.86. The company’s fifty day simple moving average is $39.54 and its two-hundred day simple moving average is $39.01. The company has a market cap of $236.06 million, a price-to-earnings ratio of 24.99 and a beta of 0.51.
Institutional Investors Weigh In On FT Vest U.S. Equity Moderate Buffer ETF – September
A number of hedge funds and other institutional investors have recently modified their holdings of GSEP. Jane Street Group LLC raised its holdings in shares of FT Vest U.S. Equity Moderate Buffer ETF – September by 53.1% in the 1st quarter. Jane Street Group LLC now owns 17,337 shares of the company’s stock valued at $599,000 after purchasing an additional 6,015 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – September by 5,060.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 53,874 shares of the company’s stock valued at $1,976,000 after buying an additional 52,830 shares during the last quarter. StoneX Group Inc. purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – September in the 2nd quarter valued at $215,000. Merit Financial Group LLC purchased a new position in shares of FT Vest U.S. Equity Moderate Buffer ETF – September in the 3rd quarter valued at $358,000. Finally, Arkadios Wealth Advisors grew its position in shares of FT Vest U.S. Equity Moderate Buffer ETF – September by 63.1% in the 3rd quarter. Arkadios Wealth Advisors now owns 9,215 shares of the company’s stock valued at $351,000 after buying an additional 3,565 shares during the last quarter.
FT Vest U.S. Equity Moderate Buffer ETF – September Company Profile
The FT Vest U.S. Equity Moderate Buffer ETF – September (GSEP) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust over a specific holdings period. The actively managed fund holds options and collateral. GSEP was launched on Sep 15, 2023 and is issued by First Trust.
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