Envestnet Asset Management Inc. Sells 351,231 Shares of FT Vest U.S. Equity Buffer ETF – October $FOCT

Envestnet Asset Management Inc. reduced its position in shares of FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) by 49.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 365,585 shares of the company’s stock after selling 351,231 shares during the quarter. Envestnet Asset Management Inc. owned about 1.91% of FT Vest U.S. Equity Buffer ETF – October worth $17,369,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in FOCT. Raymond James Financial Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – October by 2.8% during the second quarter. Raymond James Financial Inc. now owns 603,284 shares of the company’s stock worth $27,009,000 after purchasing an additional 16,451 shares during the period. Cetera Investment Advisers increased its stake in FT Vest U.S. Equity Buffer ETF – October by 42.5% during the 2nd quarter. Cetera Investment Advisers now owns 484,491 shares of the company’s stock valued at $21,691,000 after purchasing an additional 144,424 shares in the last quarter. Assetmark Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 33.4% during the second quarter. Assetmark Inc. now owns 206,645 shares of the company’s stock worth $9,251,000 after buying an additional 51,760 shares during the last quarter. Osaic Holdings Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – October by 42.0% in the second quarter. Osaic Holdings Inc. now owns 188,286 shares of the company’s stock valued at $8,333,000 after buying an additional 55,716 shares in the last quarter. Finally, CreativeOne Wealth LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – October by 227.8% during the second quarter. CreativeOne Wealth LLC now owns 174,929 shares of the company’s stock valued at $7,832,000 after buying an additional 121,567 shares during the last quarter.

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

Shares of BATS FOCT opened at $48.97 on Monday. The company has a 50-day moving average price of $49.19 and a 200-day moving average price of $47.97. The stock has a market capitalization of $936.80 million, a P/E ratio of 24.45 and a beta of 0.62. FT Vest U.S. Equity Buffer ETF – October has a 1 year low of $34.66 and a 1 year high of $49.75.

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.