FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Hits New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $56.77 and last traded at $56.79, with a volume of 1338 shares traded. The stock had previously closed at $56.43.

FT Vest U.S. Equity Buffer ETF – January Trading Up 0.6%

The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57. The stock’s 50 day moving average is $56.01 and its two-hundred day moving average is $54.29.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – January

A number of institutional investors and hedge funds have recently modified their holdings of FJAN. NewEdge Advisors LLC lifted its position in FT Vest U.S. Equity Buffer ETF – January by 1.5% during the first quarter. NewEdge Advisors LLC now owns 18,655 shares of the company’s stock worth $940,000 after purchasing an additional 274 shares during the period. CoreCap Advisors LLC boosted its position in FT Vest U.S. Equity Buffer ETF – January by 2.6% in the second quarter. CoreCap Advisors LLC now owns 14,741 shares of the company’s stock valued at $812,000 after buying an additional 369 shares in the last quarter. 1776 Wealth LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – January by 0.9% in the 4th quarter. 1776 Wealth LLC now owns 58,498 shares of the company’s stock worth $3,027,000 after purchasing an additional 537 shares in the last quarter. Grant Street Asset Management Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – January by 9.1% in the first quarter. Grant Street Asset Management Inc. now owns 8,583 shares of the company’s stock valued at $433,000 after buying an additional 719 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – January by 0.4% during the first quarter. Janney Montgomery Scott LLC now owns 246,206 shares of the company’s stock valued at $12,411,000 after acquiring an additional 980 shares during the last quarter.

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

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.