Brown Advisory Inc. Acquires Shares of 6,536 FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB)

Brown Advisory Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – February (BATS:FFEB) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 6,536 shares of the company’s stock, valued at approximately $319,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Park Square Financial Group LLC bought a new position in FT Vest U.S. Equity Buffer ETF – February in the fourth quarter worth $26,000. Farther Finance Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – February in the fourth quarter worth about $27,000. Murphy & Mullick Capital Management Corp acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the 4th quarter worth about $32,000. Topsail Wealth Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – February during the 4th quarter worth about $57,000. Finally, ORG Partners LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – February in the 1st quarter valued at approximately $73,000.

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

BATS FFEB opened at $52.65 on Wednesday. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 24.30 and a beta of 0.59. The stock’s 50 day moving average price is $51.25 and its two-hundred day moving average price is $49.97. FT Vest U.S. Equity Buffer ETF – February has a 52 week low of $44.49 and a 52 week high of $52.97.

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