Echo Wealth Management LLC Cuts Stake in FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV)

Echo Wealth Management LLC lessened its holdings in shares of FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) by 2.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 39,794 shares of the company’s stock after selling 1,145 shares during the period. FT Vest U.S. Equity Deep Buffer ETF – November makes up about 1.2% of Echo Wealth Management LLC’s portfolio, making the stock its 21st biggest holding. Echo Wealth Management LLC’s holdings in FT Vest U.S. Equity Deep Buffer ETF – November were worth $1,706,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in DNOV. RiverTree Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – November in the fourth quarter worth $2,484,000. Janney Montgomery Scott LLC lifted its position in FT Vest U.S. Equity Deep Buffer ETF – November by 479.2% during the 4th quarter. Janney Montgomery Scott LLC now owns 50,258 shares of the company’s stock worth $2,154,000 after acquiring an additional 41,581 shares during the period. Signal Advisors Wealth LLC lifted its position in FT Vest U.S. Equity Deep Buffer ETF – November by 250.4% during the 4th quarter. Signal Advisors Wealth LLC now owns 36,661 shares of the company’s stock worth $1,572,000 after acquiring an additional 26,199 shares during the period. Arkadios Wealth Advisors purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – November during the 4th quarter valued at about $329,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Deep Buffer ETF – November in the second quarter worth about $296,000.

FT Vest U.S. Equity Deep Buffer ETF – November Price Performance

FT Vest U.S. Equity Deep Buffer ETF – November stock opened at $43.75 on Friday. The business’s 50 day moving average price is $43.21 and its 200-day moving average price is $42.45. The firm has a market capitalization of $282.16 million, a P/E ratio of 24.06 and a beta of 0.63.

FT Vest U.S. Equity Deep Buffer ETF – November Company Profile

The FT Cboe Vest U.S. Equity Deep Buffer ETF – November (DNOV) 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. DNOV was launched on Nov 15, 2019 and is managed by First Trust.