Archer Investment Corp Reduces Stock Position in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT)

Archer Investment Corp trimmed its holdings in FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT) by 7.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,035 shares of the company’s stock after selling 750 shares during the period. Archer Investment Corp’s holdings in FT Vest U.S. Equity Buffer ETF – October were worth $385,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. SMART Wealth LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – October by 153.4% in the fourth quarter. SMART Wealth LLC now owns 36,862 shares of the company’s stock valued at $1,571,000 after acquiring an additional 22,316 shares in the last quarter. Bleakley Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – October during the fourth quarter worth about $11,538,000. Financial Life Planners acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter worth about $352,000. New Wave Wealth Advisors LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – October in the fourth quarter worth about $401,000. Finally, Kingswood Wealth Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – October during the fourth quarter valued at approximately $388,000.

FT Vest U.S. Equity Buffer ETF – October Trading Up 2.9 %

Shares of FOCT opened at $43.72 on Friday. The firm has a market cap of $582.79 million, a price-to-earnings ratio of 23.81 and a beta of 0.64. The business has a 50 day moving average price of $43.19 and a 200 day moving average price of $42.51.

FT Vest U.S. Equity Buffer ETF – October Company 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.