FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) shares reached a new 52-week high on Thursday . The company traded as high as $56.70 and last traded at $56.64, with a volume of 5324 shares. The stock had previously closed at $56.42.

FT Vest U.S. Equity Buffer ETF – January Stock Performance

The company has a market cap of $1.27 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57. The business’s 50 day moving average price is $55.70 and its 200-day moving average price is $53.92.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FJAN. Geneos Wealth Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – January during the first quarter worth about $48,000. Triumph Capital Management acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter worth approximately $150,000. Valtinson Bruner Financial Planning LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – January in the 4th quarter worth approximately $204,000. First National Bank of Omaha bought a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the 4th quarter worth approximately $207,000. Finally, TopTier Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the 4th quarter worth approximately $213,000.

FT Vest U.S. Equity Buffer ETF – January Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. FJAN was launched on Jan 15, 2021 and is managed by First Trust.