FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) Stock Passes Above 200-Day Moving Average – Should You Sell?

FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $44.41 and traded as high as $46.44. FT Vest U.S. Equity Buffer ETF – September shares last traded at $46.43, with a volume of 11,546 shares trading hands.

FT Vest U.S. Equity Buffer ETF – September Stock Up 0.3 %

The company has a 50 day simple moving average of $45.36 and a 200-day simple moving average of $44.41. The stock has a market cap of $561.80 million, a price-to-earnings ratio of 24.72 and a beta of 0.70.

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

Several institutional investors have recently made changes to their positions in the stock. Main Street Financial Solutions LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 4.3% during the third quarter. Main Street Financial Solutions LLC now owns 12,302 shares of the company’s stock valued at $553,000 after purchasing an additional 503 shares during the last quarter. SOA Wealth Advisors LLC. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 7.2% during the third quarter. SOA Wealth Advisors LLC. now owns 7,653 shares of the company’s stock valued at $344,000 after purchasing an additional 511 shares during the last quarter. Townsquare Capital LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 10.0% during the third quarter. Townsquare Capital LLC now owns 6,136 shares of the company’s stock valued at $276,000 after purchasing an additional 560 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – September by 10.3% during the second quarter. B. Riley Wealth Advisors Inc. now owns 7,053 shares of the company’s stock valued at $309,000 after purchasing an additional 660 shares during the last quarter. Finally, PFS Partners LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September during the third quarter valued at approximately $30,000.

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.