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

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock 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 $52.27, with a volume of 25712 shares traded. The stock had previously closed at $49.9051.

FT Vest U.S. Equity Buffer ETF – January Stock Up 5.1%

The company has a market capitalization of $1.17 billion, a P/E ratio of 24.79 and a beta of 0.57. The company has a 50-day moving average of $51.81 and a two-hundred day moving average of $50.46.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – January during the first quarter worth about $243,000. Jane Street Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the first quarter valued at approximately $265,000. Geneos Wealth Management Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the first quarter valued at approximately $48,000. Apollon Wealth Management LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – January by 221.7% in the 2nd quarter. Apollon Wealth Management LLC now owns 55,324 shares of the company’s stock worth $2,631,000 after purchasing an additional 38,129 shares in the last quarter. Finally, MGO One Seven LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – January by 165.0% in the 2nd quarter. MGO One Seven LLC now owns 27,854 shares of the company’s stock worth $1,324,000 after purchasing an additional 17,344 shares in the last quarter.

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.