FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) hit a new 52-week high during trading on Monday . The company traded as high as $55.38 and last traded at $55.38, with a volume of 6603 shares trading hands. The stock had previously closed at $55.06.

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

The company’s fifty day simple moving average is $54.61 and its two-hundred day simple moving average is $52.77. The stock has a market capitalization of $1.24 billion, a PE ratio of 24.79 and a beta of 0.57.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – January during the 1st quarter valued at $48,000. Triumph Capital Management acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – January in the third quarter worth $150,000. Valtinson Bruner Financial Planning LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the fourth quarter valued at $204,000. First National Bank of Omaha purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the fourth quarter valued at $207,000. Finally, TopTier Wealth Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – January during the fourth quarter valued at $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.