Commonwealth Financial Services LLC Acquires Shares of 175,980 FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP)

Commonwealth Financial Services LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – September (BATS:FSEP) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 175,980 shares of the company’s stock, valued at approximately $7,863,000. FT Vest U.S. Equity Buffer ETF – September accounts for about 1.6% of Commonwealth Financial Services LLC’s portfolio, making the stock its 20th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FSEP. McCarthy & Cox purchased a new stake in FT Vest U.S. Equity Buffer ETF – September in the 1st quarter worth approximately $5,211,000. Sanctuary Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – September in the 2nd quarter valued at $1,833,000. CWM LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – September by 9.6% during the third quarter. CWM LLC now owns 322,515 shares of the company’s stock worth $14,494,000 after buying an additional 28,316 shares in the last quarter. Lion Street Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – September during the third quarter valued at $703,000. Finally, TFB Advisors LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – September in the second quarter valued at $414,000.

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

BATS FSEP traded down $0.20 during trading hours on Thursday, reaching $45.12. The company’s stock had a trading volume of 13,181 shares. The stock has a market capitalization of $545.95 million, a price-to-earnings ratio of 24.72 and a beta of 0.70. The firm has a fifty day moving average price of $44.68 and a 200-day moving average price of $43.71.

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

The FT Cboe Vest U.S. Equity Buffer ETF – September (FSEP) 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. FSEP was launched on Sep 18, 2020 and is managed by First Trust.