Savvy Advisors Inc. Takes Position in FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)

Savvy Advisors Inc. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) in the fourth quarter, HoldingsChannel reports. The firm bought 4,885 shares of the company’s stock, valued at approximately $234,000.

Several other institutional investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November in the fourth quarter valued at $19,100,000. Envestnet Asset Management Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – November by 1,075.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 393,321 shares of the company’s stock worth $18,809,000 after buying an additional 359,859 shares during the period. WealthPlan Investment Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – November during the fourth 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 fourth quarter worth approximately $5,216,000. Finally, WealthPLAN Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – November during the fourth quarter valued at approximately $4,795,000.

FT Vest U.S. Equity Buffer ETF – November Stock Down 4.9 %

Shares of BATS:FNOV opened at $45.32 on Wednesday. The business’s 50 day moving average is $47.05 and its 200 day moving average is $47.67. The stock has a market cap of $828.36 million, a P/E ratio of 24.41 and a beta of 0.65. FT Vest U.S. Equity Buffer ETF – November has a 52-week low of $41.76 and a 52-week high of $50.45.

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

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.