Faithward Advisors LLC Takes $2.23 Million Position in FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)

Faithward Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 46,564 shares of the company’s stock, valued at approximately $2,227,000. Faithward Advisors LLC owned 0.34% of FT Vest U.S. Equity Buffer ETF – November at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FNOV. Raymond James Financial Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – November during the fourth quarter worth about $19,100,000. Envestnet Asset Management Inc. lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 1,075.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 393,321 shares of the company’s stock worth $18,809,000 after acquiring an additional 359,859 shares during the last quarter. WealthPlan Investment Management LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the 4th quarter worth approximately $8,347,000. Clear Creek Financial Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the 4th quarter worth approximately $5,216,000. Finally, WealthPLAN Partners LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the 4th quarter valued at about $4,795,000.

FT Vest U.S. Equity Buffer ETF – November Stock Performance

Shares of FNOV opened at $43.47 on Tuesday. The stock has a market capitalization of $794.63 million, a PE ratio of 24.41 and a beta of 0.65. The company’s 50-day simple moving average is $47.71 and its 200-day simple moving average is $47.81. FT Vest U.S. Equity Buffer ETF – November has a 1 year low of $41.76 and a 1 year high of $50.45.

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

The FT Cboe Vest U.S. Equity Buffer ETF – November (FNOV) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FNOV was launched on Nov 15, 2019 and is managed by First Trust.