New Wave Wealth Advisors LLC Purchases New Stake in FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV)

New Wave Wealth Advisors LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – November (BATS:FNOV) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 8,408 shares of the company’s stock, valued at approximately $402,000.

Several other hedge funds have also added to or reduced their stakes in FNOV. Barclays PLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at about $25,000. Pinnacle Bancorp Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at about $26,000. Darwin Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at about $78,000. Private Advisor Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the third quarter valued at about $201,000. Finally, Range Financial Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – November in the fourth quarter valued at about $206,000.

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

BATS:FNOV opened at $48.88 on Friday. The firm has a fifty day moving average of $48.38 and a 200-day moving average of $47.38. The firm has a market capitalization of $677.04 million, a price-to-earnings ratio of 24.42 and a beta of 0.72.

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.