Stephens Inc. AR Trims Position in FT Vest U.S. Equity Buffer ETF – October $FOCT

Stephens Inc. AR lessened its stake in shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) by 81.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,219 shares of the company’s stock after selling 48,795 shares during the quarter. Stephens Inc. AR owned about 0.06% of FT Vest U.S. Equity Buffer ETF – October worth $502,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in FOCT. Financial Network Wealth Advisors LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – October by 64.3% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,909 shares of the company’s stock valued at $79,000 after buying an additional 747 shares in the last quarter. Wood Tarver Financial Group LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 145.2% during the first quarter. Wood Tarver Financial Group LLC now owns 4,440 shares of the company’s stock worth $184,000 after purchasing an additional 2,629 shares in the last quarter. Transcend Capital Advisors LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 14.6% during the first quarter. Transcend Capital Advisors LLC now owns 5,615 shares of the company’s stock worth $233,000 after purchasing an additional 715 shares in the last quarter. Arbor Capital Management Inc. ADV grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 2.6% during the first quarter. Arbor Capital Management Inc. ADV now owns 9,667 shares of the company’s stock worth $403,000 after purchasing an additional 244 shares in the last quarter. Finally, RFG Advisory LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the second quarter worth about $460,000.

FT Vest U.S. Equity Buffer ETF – October Trading Up 14.2%

Shares of BATS FOCT opened at $48.49 on Friday. FT Vest U.S. Equity Buffer ETF – October has a 12 month low of $34.66 and a 12 month high of $45.62. The firm has a market capitalization of $927.61 million, a price-to-earnings ratio of 24.45 and a beta of 0.62. The business has a 50-day moving average of $47.07 and a 200-day moving average of $44.74.

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

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.