FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Hits New 1-Year High – What’s Next?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) shares hit a new 52-week high during trading on Monday . The stock traded as high as $29.43 and last traded at $29.41, with a volume of 34065 shares traded. The stock had previously closed at $29.42.

FT Vest Laddered Deep Buffer ETF Price Performance

The company’s fifty day moving average price is $28.49 and its 200 day moving average price is $28.27. The company has a market capitalization of $1.47 billion, a P/E ratio of 24.83 and a beta of 0.41.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BUFD. Parallel Advisors LLC bought a new position in shares of FT Vest Laddered Deep Buffer ETF during the fourth quarter worth approximately $36,000. Root Financial Partners LLC acquired a new position in FT Vest Laddered Deep Buffer ETF in the third quarter valued at about $42,000. MN Wealth Advisors LLC acquired a new position in FT Vest Laddered Deep Buffer ETF in the fourth quarter valued at about $258,000. Prime Capital Investment Advisors LLC acquired a new position in FT Vest Laddered Deep Buffer ETF in the fourth quarter valued at about $376,000. Finally, Twin Peaks Wealth Advisors LLC raised its stake in FT Vest Laddered Deep Buffer ETF by 3.5% in the third quarter. Twin Peaks Wealth Advisors LLC now owns 13,653 shares of the company’s stock valued at $377,000 after purchasing an additional 465 shares in the last quarter.

About FT Vest Laddered Deep Buffer ETF

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.