FT Vest Laddered Buffer ETF (BATS:BUFR) Sets New 12-Month High – Should You Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $37.41 and last traded at $37.34, with a volume of 58933 shares trading hands. The stock had previously closed at $37.29.

FT Vest Laddered Buffer ETF Price Performance

The firm has a fifty day simple moving average of $36.58 and a 200-day simple moving average of $35.49. The firm has a market cap of $8.06 billion, a P/E ratio of 24.43 and a beta of 0.61.

Hedge Funds Weigh In On FT Vest Laddered Buffer ETF

A number of large investors have recently modified their holdings of BUFR. Cambridge Investment Research Advisors Inc. increased its holdings in FT Vest Laddered Buffer ETF by 14.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 3,262,912 shares of the company’s stock worth $111,787,000 after purchasing an additional 418,781 shares in the last quarter. Tidemark LLC bought a new position in shares of FT Vest Laddered Buffer ETF in the fourth quarter valued at approximately $9,792,000. Keystone Financial Group lifted its holdings in shares of FT Vest Laddered Buffer ETF by 226.6% in the fourth quarter. Keystone Financial Group now owns 379,123 shares of the company’s stock valued at $12,989,000 after purchasing an additional 263,039 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of FT Vest Laddered Buffer ETF by 99.3% during the first quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock valued at $14,025,000 after buying an additional 206,911 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of FT Vest Laddered Buffer ETF by 17.1% during the first quarter. Janney Montgomery Scott LLC now owns 1,280,580 shares of the company’s stock valued at $43,245,000 after buying an additional 186,645 shares during the last quarter.

About FT Vest Laddered Buffer ETF

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.