FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Sets New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) shares hit a new 52-week high on Tuesday . The stock traded as high as $62.77 and last traded at $62.77, with a volume of 1268 shares traded. The stock had previously closed at $61.26.

FT Vest U.S. Equity Buffer ETF – June Stock Down 0.5%

The business has a 50 day simple moving average of $60.41 and a 200 day simple moving average of $59.06. The company has a market capitalization of $1.12 billion, a PE ratio of 24.70 and a beta of 0.59.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – June

A number of hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – June by 1.9% during the 1st quarter. NewEdge Advisors LLC now owns 19,848 shares of the company’s stock worth $990,000 after purchasing an additional 371 shares during the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – June by 3.2% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 6,840 shares of the company’s stock worth $367,000 after buying an additional 210 shares during the last quarter. Modern Wealth Management LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – June in the second quarter valued at approximately $403,000. Captrust Financial Advisors grew its position in shares of FT Vest U.S. Equity Buffer ETF – June by 7.9% during the second quarter. Captrust Financial Advisors now owns 60,593 shares of the company’s stock worth $3,252,000 after acquiring an additional 4,428 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – June by 9,144.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 5,824 shares of the company’s stock valued at $326,000 after acquiring an additional 5,761 shares during the period.

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.