Range Financial Group LLC Invests in FT Vest U.S. Equity Buffer ETF – October

In the fourth quarter, Range Financial Group LLC made an investment in the FT Vest U.S. Equity Buffer ETF – October (BATS:FOCT). According to their latest report to the Securities and Exchange Commission (SEC), they acquired a total of 5,483 shares, amounting to an investment valued at approximately $234,000.

Other institutional investors have also been active in this ETF recently. For instance, Assetmark Inc. significantly increased its stake by 199.5% during the third quarter, bringing its total holding to 70,876 shares worth around $2,995,000 after purchasing an additional 47,214 shares. Meanwhile, Jane Street Group LLC added a new position in the ETF valued at about $1,383,000 during the same period.

Additionally, Envestnet Asset Management Inc. grew its investment in the ETF by 8.3% in the second quarter, now owning 152,284 shares valued at $6,326,000 after acquiring an extra 11,625 shares. CoreCap Advisors LLC also acquired a new stake in the same period, valued at roughly $399,000. Furthermore, JPMorgan Chase & Co. increased its holdings by 122.6% during the third quarter, owning 15,690 shares worth approximately $663,000 after buying an additional 8,643 shares.

Recent Performance of FT Vest U.S. Equity Buffer ETF – October

The FT Vest U.S. Equity Buffer ETF – October shares opened at $42.83 on a recent Wednesday. The ETF's 50-day moving average stands at $42.92, while the 200-day moving average is recorded at $42.27. The fund currently has a market capitalization of about $570.92 million and a price-to-earnings ratio of 23.81, with a beta of 0.64.

Overview of FT Vest U.S. Equity Buffer ETF – October

The FT Cboe Vest U.S. Equity Buffer ETF – October (FOCT) primarily invests in large-cap equities. Its investment strategy focuses on providing specific buffered losses and capped gains relative to the SPY (S&P 500 ETF) over designated holding periods. This actively-managed fund employs options and collateral to achieve its objectives. FOCT was launched on October 16, 2020, and is managed by First Trust.

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