FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) Reaches New 1-Year High – Here’s Why
by Mitch Edgeman · The Markets DailyFT Vest U.S. Equity Buffer ETF – November (BATS:FNOV – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $56.73 and last traded at $56.73, with a volume of 5993 shares trading hands. The stock had previously closed at $56.46.
FT Vest U.S. Equity Buffer ETF – November Stock Up 0.5%
The firm’s 50-day moving average price is $54.68 and its 200-day moving average price is $54.46. The company has a market cap of $994.30 million, a P/E ratio of 24.11 and a beta of 0.65.
Institutional Trading of FT Vest U.S. Equity Buffer ETF – November
Several hedge funds and other institutional investors have recently modified their holdings of FNOV. Darwin Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the second quarter valued at approximately $73,000. Raymond James Financial Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – November by 3.6% in the second quarter. Raymond James Financial Inc. now owns 455,481 shares of the company’s stock valued at $22,824,000 after purchasing an additional 15,922 shares during the period. Jane Street Group LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the second quarter valued at approximately $257,000. Gallagher Fiduciary Advisors LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November in the second quarter valued at approximately $706,000. Finally, MML Investors Services LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – November by 33.0% in the second quarter. MML Investors Services LLC now owns 23,366 shares of the company’s stock valued at $1,171,000 after purchasing an additional 5,797 shares during the period.
About FT Vest U.S. Equity Buffer ETF – November
The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) 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. FNOV was launched on Nov 15, 2019 and is managed by First Trust.