FT Vest Laddered Buffer ETF (BATS:BUFR) Share Price Crosses Above 50 Day Moving Average – What’s Next?

FT Vest Laddered Buffer ETF (BATS:BUFR) shares crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $37.57 and traded as high as $37.84. FT Vest Laddered Buffer ETF shares last traded at $37.78, with a volume of 1,726,452 shares traded.

FT Vest Laddered Buffer ETF Stock Up 1.1%

The firm has a 50 day moving average of $37.57 and a 200-day moving average of $36.09. The firm has a market capitalization of $8.16 billion, a P/E ratio of 24.43 and a beta of 0.61.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Birchwood Financial Partners Inc. acquired a new position in shares of FT Vest Laddered Buffer ETF during the 3rd quarter worth $245,000. Blue Bell Private Wealth Management LLC acquired a new position in FT Vest Laddered Buffer ETF during the 3rd quarter worth about $1,645,000. BOKF NA acquired a new stake in FT Vest Laddered Buffer ETF during the 3rd quarter valued at approximately $112,000. Vaquero Private Wealth Ltd. acquired a new stake in shares of FT Vest Laddered Buffer ETF during the third quarter worth $585,000. Finally, Holos Integrated Wealth LLC raised its stake in FT Vest Laddered Buffer ETF by 5.0% during the third quarter. Holos Integrated Wealth LLC now owns 641,174 shares of the company’s stock worth $24,166,000 after buying an additional 30,798 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.