FT Vest Laddered Buffer ETF (BATS:BUFR) Sets New 52-Week High – Time to Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s share price reached a new 52-week high during trading on Friday. The stock traded as high as $37.94 and last traded at $37.9350, with a volume of 635581 shares. The stock had previously closed at $37.81.

FT Vest Laddered Buffer ETF Stock Performance

The stock’s 50 day simple moving average is $37.41 and its 200 day simple moving average is $36.39. The firm has a market cap of $8.19 billion, a PE ratio of 24.43 and a beta of 0.61.

Institutional Trading of FT Vest Laddered Buffer ETF

A number of institutional investors have recently made changes to their positions in the stock. IHT Wealth Management LLC increased its position in shares of FT Vest Laddered Buffer ETF by 9.5% in the fourth quarter. IHT Wealth Management LLC now owns 1,679,663 shares of the company’s stock valued at $57,545,000 after acquiring an additional 145,631 shares during the period. Janney Montgomery Scott LLC raised its stake in FT Vest Laddered Buffer ETF by 17.1% in the first quarter. Janney Montgomery Scott LLC now owns 1,280,580 shares of the company’s stock worth $43,245,000 after buying an additional 186,645 shares in the last quarter. Symphony Financial Services Inc. raised its position in shares of FT Vest Laddered Buffer ETF by 5.5% in the 1st quarter. Symphony Financial Services Inc. now owns 491,555 shares of the company’s stock worth $16,600,000 after acquiring an additional 25,733 shares in the last quarter. Arkadios Wealth Advisors grew its stake in FT Vest Laddered Buffer ETF by 99.3% in the first quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock worth $14,025,000 after purchasing an additional 206,911 shares during the period. Finally, Tsfg LLC boosted its holdings in shares of FT Vest Laddered Buffer ETF by 53.8% during the 2nd quarter. Tsfg LLC now owns 176,680 shares of the company’s stock valued at $6,454,000 after buying an additional 61,796 shares in the last quarter.

FT Vest Laddered Buffer ETF Company Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.