FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Shares Up 0.7% – Still a Buy?

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN)’s share price shot up 0.7% during trading on Monday . The company traded as high as $57.19 and last traded at $57.10. 8,365 shares traded hands during trading, a decline of 46% from the average session volume of 15,449 shares. The stock had previously closed at $56.68.

FT Vest U.S. Equity Buffer ETF – June Stock Performance

The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 24.70 and a beta of 0.59. The firm has a 50-day simple moving average of $57.42 and a two-hundred day simple moving average of $56.63.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Barclays PLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – June during the 4th quarter worth approximately $66,000. Clearstead Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – June in the third quarter worth $104,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – June during the second quarter worth $152,000. Quantum Private Wealth LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – June in the third quarter valued at $201,000. Finally, Sloy Dahl & Holst LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – June in the third quarter valued at $203,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.