FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) Position Cut by Raymond James & Associates

Raymond James & Associates trimmed its holdings in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,296 shares of the company’s stock after selling 2,418 shares during the quarter. Raymond James & Associates owned about 0.54% of FT Vest U.S. Equity Buffer ETF – October worth $3,055,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Transcend Capital Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 2nd quarter worth approximately $204,000. Sanctuary Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 2nd quarter worth approximately $206,000. Envestnet Portfolio Solutions Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 2nd quarter worth approximately $214,000. TFB Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 2nd quarter worth approximately $257,000. Finally, Signature Estate & Investment Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – October in the 2nd quarter worth approximately $264,000.

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

FOCT opened at $41.74 on Tuesday. The firm has a market capitalization of $556.39 million, a P/E ratio of 23.81 and a beta of 0.64. The business has a fifty day moving average price of $42.17 and a 200 day moving average price of $41.60.

FT Vest U.S. Equity Buffer ETF – October Profile

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) 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. FOCT was launched on Oct 16, 2020 and is managed by First Trust.