FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Hits New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $54.86 and last traded at $54.86, with a volume of 2040 shares trading hands. The stock had previously closed at $54.57.

FT Vest U.S. Equity Buffer ETF – January Stock Up 0.2%

The firm has a market capitalization of $1.23 billion, a P/E ratio of 24.79 and a beta of 0.57. The firm’s 50-day simple moving average is $52.48 and its 200-day simple moving average is $51.89.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – January

Hedge funds have recently bought and sold shares of the stock. MAI Capital Management purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the third quarter worth approximately $46,000. Geneos Wealth Management Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the first quarter worth approximately $48,000. Triumph Capital Management purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the third quarter worth approximately $150,000. Valtinson Bruner Financial Planning LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth approximately $204,000. Finally, First National Bank of Omaha purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth approximately $207,000.

About FT Vest U.S. Equity Buffer ETF – January

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.