Truist Financial Corp Trims Stake in FT Vest U.S. Equity Buffer ETF – September $FSEP

Truist Financial Corp reduced its holdings in shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) by 3.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,805 shares of the company’s stock after selling 514 shares during the period. Truist Financial Corp owned about 0.08% of FT Vest U.S. Equity Buffer ETF – September worth $663,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FSEP. Wood Tarver Financial Group LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – September during the first quarter valued at approximately $40,000. Financial Network Wealth Advisors LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – September by 117.6% during the first quarter. Financial Network Wealth Advisors LLC now owns 1,036 shares of the company’s stock valued at $46,000 after buying an additional 560 shares during the last quarter. ORG Partners LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the first quarter worth $103,000. Park Avenue Securities LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the second quarter worth $204,000. Finally, Luken Investment Analytics LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – September in the first quarter worth $218,000.

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

Shares of BATS FSEP opened at $50.30 on Wednesday. The firm has a fifty day moving average price of $49.97 and a 200-day moving average price of $47.44. The stock has a market cap of $877.72 million, a PE ratio of 24.69 and a beta of 0.62. FT Vest U.S. Equity Buffer ETF – September has a 1 year low of $40.34 and a 1 year high of $48.93.

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

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.