FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Sets New 52-Week High – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) reached a new 52-week high on Tuesday . The company traded as high as $60.47 and last traded at $59.79, with a volume of 2518 shares trading hands. The stock had previously closed at $59.55.

FT Vest U.S. Equity Buffer ETF – June Price Performance

The firm has a market cap of $1.10 billion, a P/E ratio of 24.70 and a beta of 0.59. The stock’s 50-day simple moving average is $58.25 and its two-hundred day simple moving average is $57.48.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – June by 74.1% in the third quarter. Envestnet Asset Management Inc. now owns 462,147 shares of the company’s stock worth $25,857,000 after acquiring an additional 196,696 shares during the period. Foguth Wealth Management LLC. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – June in the 4th quarter valued at approximately $5,106,000. Cetera Investment Advisers raised its position in shares of FT Vest U.S. Equity Buffer ETF – June by 24.1% in the 1st quarter. Cetera Investment Advisers now owns 255,390 shares of the company’s stock valued at $14,430,000 after purchasing an additional 49,601 shares during the last quarter. Faithward Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – June by 103.2% in the 1st quarter. Faithward Advisors LLC now owns 75,176 shares of the company’s stock valued at $4,248,000 after purchasing an additional 38,184 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in shares of FT Vest U.S. Equity Buffer ETF – June by 142.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 57,711 shares of the company’s stock valued at $3,293,000 after purchasing an additional 33,880 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.