Stonebridge Financial Group LLC Purchases New Position in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)

Stonebridge Financial Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,160 shares of the company’s stock, valued at approximately $92,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – October during the third quarter worth $44,000. Sanctuary Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October during the 2nd quarter worth about $206,000. Range Financial Group LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – October during the 4th quarter worth about $234,000. TFB Advisors LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – October by 31.1% during the 3rd quarter. TFB Advisors LLC now owns 8,097 shares of the company’s stock valued at $342,000 after acquiring an additional 1,922 shares during the period. Finally, Financial Life Planners purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – October in the 4th quarter valued at about $352,000.

FT Vest U.S. Equity Buffer ETF – October Stock Up 2.6 %

BATS FOCT opened at $43.57 on Thursday. The business has a fifty day simple moving average of $43.21 and a 200-day simple moving average of $42.57. The firm has a market cap of $580.84 million, a PE ratio of 23.81 and a beta of 0.64.

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.