FT Vest Laddered Buffer ETF (BATS:BUFR) Sets New 12-Month High – Time to Buy?

Shares of FT Vest Laddered Buffer ETF (BATS:BUFR) hit a new 52-week high during trading on Monday . The company traded as high as $37.66 and last traded at $37.6550, with a volume of 449818 shares trading hands. The stock had previously closed at $37.42.

FT Vest Laddered Buffer ETF Trading Up 0.6%

The firm has a market cap of $8.13 billion, a P/E ratio of 24.43 and a beta of 0.61. The firm’s 50 day moving average is $37.11 and its two-hundred day moving average is $36.05.

Hedge Funds Weigh In On FT Vest Laddered Buffer ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. IHT Wealth Management LLC increased its position in shares of FT Vest Laddered Buffer ETF by 9.5% in the 4th quarter. IHT Wealth Management LLC now owns 1,679,663 shares of the company’s stock valued at $57,545,000 after buying an additional 145,631 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in FT Vest Laddered Buffer ETF by 17.1% in the first quarter. Janney Montgomery Scott LLC now owns 1,280,580 shares of the company’s stock valued at $43,245,000 after acquiring an additional 186,645 shares during the period. PSI Advisors LLC increased its holdings in shares of FT Vest Laddered Buffer ETF by 4.1% in the fourth quarter. PSI Advisors LLC now owns 558,502 shares of the company’s stock worth $19,134,000 after acquiring an additional 21,835 shares in the last quarter. Symphony Financial Services Inc. raised its position in shares of FT Vest Laddered Buffer ETF by 5.5% during the first quarter. Symphony Financial Services Inc. now owns 491,555 shares of the company’s stock worth $16,600,000 after purchasing an additional 25,733 shares during the period. Finally, Arkadios Wealth Advisors raised its position in shares of FT Vest Laddered Buffer ETF by 99.3% during the first quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock worth $14,025,000 after purchasing an additional 206,911 shares during the period.

FT Vest Laddered Buffer ETF Company Profile

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.