Raymond James & Associates Lowers Stake in FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB)

Raymond James & Associates trimmed its position in FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) by 6.0% during the second quarter, HoldingsChannel.com reports. The firm owned 105,547 shares of the company’s stock after selling 6,793 shares during the quarter. Raymond James & Associates’ holdings in FT Vest U.S. Equity Buffer ETF – February were worth $4,939,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Cetera Investment Advisers raised its holdings in FT Vest U.S. Equity Buffer ETF – February by 168.8% in the first quarter. Cetera Investment Advisers now owns 425,034 shares of the company’s stock valued at $19,243,000 after buying an additional 266,898 shares during the period. CreativeOne Wealth LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the 1st quarter valued at $8,680,000. Commonwealth Equity Services LLC boosted its position in FT Vest U.S. Equity Buffer ETF – February by 48.6% during the 1st quarter. Commonwealth Equity Services LLC now owns 530,774 shares of the company’s stock worth $24,031,000 after purchasing an additional 173,628 shares during the period. Cetera Advisors LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – February by 375.0% in the 1st quarter. Cetera Advisors LLC now owns 203,808 shares of the company’s stock valued at $9,227,000 after purchasing an additional 160,898 shares in the last quarter. Finally, McCarthy & Cox purchased a new position in FT Vest U.S. Equity Buffer ETF – February in the first quarter valued at about $4,631,000.

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

Shares of BATS FFEB opened at $47.80 on Friday. The stock has a market capitalization of $842.71 million, a P/E ratio of 24.30 and a beta of 0.67. The stock has a fifty day moving average of $47.04 and a 200-day moving average of $45.74.

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

The FT Cboe Vest U.S. Equity Buffer ETF – February (FFEB) 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. FFEB was launched on Feb 21, 2020 and is managed by First Trust.