FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Share Price Crosses Above 50 Day Moving Average – What’s Next?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s share price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $56.65 and traded as high as $56.86. FT Vest U.S. Equity Buffer ETF – January shares last traded at $56.73, with a volume of 17,987 shares.

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

The company has a market cap of $1.49 billion, a P/E ratio of 24.79 and a beta of 0.59. The firm’s fifty day moving average is $56.65 and its two-hundred day moving average is $54.49.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – January

Large investors have recently made changes to their positions in the business. GK Wealth Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – January during the 3rd quarter valued at approximately $50,000. Elmwood Wealth Management Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – January in the 2nd quarter worth approximately $217,000. StoneX Group Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter worth approximately $221,000. Sacks & Associates LLC bought a new position in FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter worth approximately $228,000. Finally, MFG Investments LLC bought a new position in FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter worth approximately $258,000.

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.