Commonwealth Equity Services LLC Reduces Position in FT Vest U.S. Equity Buffer ETF – October $FOCT

Commonwealth Equity Services LLC decreased its holdings in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) by 10.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 129,831 shares of the company’s stock after selling 15,549 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.68% of FT Vest U.S. Equity Buffer ETF – October worth $6,168,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Horizon Advisors Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the 2nd quarter valued at approximately $25,000. Evolution Wealth Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – October during the 2nd quarter valued at $49,000. J.W. Cole Advisors Inc. increased its position in shares of FT Vest U.S. Equity Buffer ETF – October by 3.6% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 8,223 shares of the company’s stock worth $368,000 after purchasing an additional 283 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – October in the 2nd quarter valued at about $372,000. Finally, RFG Advisory LLC bought 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 Stock Up 1.2%

Shares of BATS FOCT opened at $49.29 on Thursday. FT Vest U.S. Equity Buffer ETF – October has a 52-week low of $34.66 and a 52-week high of $45.62. The stock has a market capitalization of $942.82 million, a P/E ratio of 24.45 and a beta of 0.62. The stock’s 50 day moving average price is $48.72 and its two-hundred day moving average price is $47.31.

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.