XSEP Stock Summary and Trading Ideas (FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September | BATS:XSEP)

The investment objective of FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September (the "Fund") is to seek to provide investors with returns of approximately twice any positive price return of the SPDR S&P 500 ETF Trust (the "Underlying ETF"), up to a predetermined upside cap of 14.90% (before fees and expenses), while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from September 22, 2022 to September 15, 2023. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options")-that reference the price performance of the "Underlying ETF".

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September trades on the BATS stock market under the symbol XSEP.

As of December 12, 2024, XSEP stock price declined to $39.09 with 2,772 million shares trading.

XSEP has a beta of 0.16, meaning it tends to be less sensitive to market movements. XSEP has a correlation of 0.58 to the broad based SPY ETF.

XSEP has a market cap of $118.25 million. This is considered a Micro Cap stock.

XSEP has underperformed the market in the last year with a price return of +10.2% while the SPY ETF gained +32.3%. XSEP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.5% and +0.3%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

XSEP support price is $39.03 and resistance is $39.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XSEP shares will trade within this expected range on the day.