Pitti Group Wealth Management LLC Has $528,000 Position in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)

Pitti Group Wealth Management LLC cut its position in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) by 3.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 12,381 shares of the company’s stock after selling 460 shares during the quarter. Pitti Group Wealth Management LLC’s holdings in FT Vest U.S. Equity Buffer ETF – October were worth $528,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FOCT. Principal Securities Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at about $33,000. Barclays PLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the third quarter valued at about $44,000. Stonebridge Financial Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at about $92,000. Legacy Solutions LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at about $224,000. Finally, Range Financial Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter valued at about $234,000.

FT Vest U.S. Equity Buffer ETF – October Stock Down 1.8 %

BATS:FOCT opened at $41.71 on Monday. FT Vest U.S. Equity Buffer ETF – October has a 12 month low of $39.89 and a 12 month high of $44.04. The company’s 50-day moving average price is $43.09 and its two-hundred day moving average price is $42.76. The firm has a market cap of $845.78 million, a PE ratio of 26.58 and a beta of 0.62.

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.