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

Echo Wealth Management LLC reduced its position in FT Vest U.S. Equity Deep Buffer ETF – November (BATS:DNOV) by 2.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,794 shares of the company’s stock after selling 1,145 shares during the quarter. FT Vest U.S. Equity Deep Buffer ETF – November makes up about 1.2% of Echo Wealth Management LLC’s investment portfolio, making the stock its 21st largest holding. Echo Wealth Management LLC owned approximately 0.62% of FT Vest U.S. Equity Deep Buffer ETF – November worth $1,706,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DNOV. Sanctuary Advisors LLC bought a new position in FT Vest U.S. Equity Deep Buffer ETF – November in the 2nd quarter worth approximately $296,000. Pinnacle Bancorp Inc. purchased a new position in FT Vest U.S. Equity Deep Buffer ETF – November during the third quarter valued at $26,000. Cascade Investment Group Inc. bought a new stake in FT Vest U.S. Equity Deep Buffer ETF – November in the 4th quarter valued at $213,000. RiverTree Advisors LLC purchased a new stake in FT Vest U.S. Equity Deep Buffer ETF – November in the 4th quarter worth $2,484,000. Finally, Ignite Planners LLC lifted its position in shares of FT Vest U.S. Equity Deep Buffer ETF – November by 5.4% in the fourth quarter. Ignite Planners LLC now owns 24,908 shares of the company’s stock worth $1,075,000 after buying an additional 1,272 shares in the last quarter.

FT Vest U.S. Equity Deep Buffer ETF – November Stock Up 2.4 %

BATS DNOV opened at $43.75 on Friday. The firm’s 50 day moving average price is $43.21 and its 200 day moving average price is $42.45. The company has a market cap 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 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.