FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 12-Month High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJANGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.0245 and last traded at $51.6240, with a volume of 25712 shares. The stock had previously closed at $49.9051.

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

The firm’s 50 day moving average price is $50.70 and its 200-day moving average price is $49.29. The stock has a market cap of $1.16 billion, a P/E ratio of 24.79 and a beta of 0.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. MAI Capital Management bought a new stake in FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter worth about $46,000. Geneos Wealth Management Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in 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 valued at approximately $150,000. Global Retirement Partners LLC lifted its position in FT Vest U.S. Equity Buffer ETF – January by 91.3% during the third quarter. Global Retirement Partners LLC now owns 3,157 shares of the company’s stock valued at $158,000 after purchasing an additional 1,507 shares during the period. Finally, TruNorth Capital Management LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – January by 537.0% in the third quarter. TruNorth Capital Management LLC now owns 3,185 shares of the company’s stock worth $160,000 after purchasing an additional 2,685 shares during the last quarter.

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

(Get Free Report)

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.

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