FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Hits New 52-Week High – Here’s Why

Shares of FT Vest Laddered Deep Buffer ETF (BATS:BUFD) hit a new 52-week high on Wednesday . The company traded as high as $29.94 and last traded at $29.89, with a volume of 12191 shares. The stock had previously closed at $29.88.

FT Vest Laddered Deep Buffer ETF Stock Performance

The stock has a market capitalization of $1.49 billion, a P/E ratio of 24.83 and a beta of 0.41. The business has a fifty day simple moving average of $29.60 and a 200-day simple moving average of $28.84.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. acquired a new position in shares of FT Vest Laddered Deep Buffer ETF during the third quarter valued at about $1,182,000. Royal Bank of Canada grew its stake in FT Vest Laddered Deep Buffer ETF by 7.0% in the 4th quarter. Royal Bank of Canada now owns 543,461 shares of the company’s stock valued at $15,347,000 after purchasing an additional 35,516 shares during the period. Legacy Financial Group LLC increased its holdings in FT Vest Laddered Deep Buffer ETF by 1.1% during the fourth quarter. Legacy Financial Group LLC now owns 1,987,567 shares of the company’s stock worth $56,407,000 after buying an additional 22,157 shares during the last quarter. Twin Peaks Wealth Advisors LLC raised its holdings in shares of FT Vest Laddered Deep Buffer ETF by 123.9% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 30,568 shares of the company’s stock worth $872,000 after purchasing an additional 16,915 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in FT Vest Laddered Deep Buffer ETF in the 2nd quarter worth about $463,000.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.