FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Reaches New 52-Week High – Should You Buy?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) hit a new 52-week high during trading on Monday . The company traded as high as $35.02 and last traded at $35.4660, with a volume of 82425 shares trading hands. The stock had previously closed at $34.88.

FT Vest Laddered Nasdaq Buffer ETF Stock Performance

The company has a market capitalization of $1.04 billion, a PE ratio of 30.39 and a beta of 0.72. The stock’s fifty day simple moving average is $34.75 and its 200-day simple moving average is $33.29.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC lifted its holdings in FT Vest Laddered Nasdaq Buffer ETF by 132.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 22,827 shares of the company’s stock valued at $758,000 after purchasing an additional 13,027 shares in the last quarter. Twin Peaks Wealth Advisors LLC lifted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 2.5% during the 2nd quarter. Twin Peaks Wealth Advisors LLC now owns 96,488 shares of the company’s stock worth $3,303,000 after acquiring an additional 2,333 shares during the period. Prism Advisors Inc. lifted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 0.3% during the 3rd quarter. Prism Advisors Inc. now owns 169,208 shares of the company’s stock worth $5,895,000 after acquiring an additional 577 shares during the period. Nations Financial Group Inc. IA ADV lifted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 32.6% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 29,444 shares of the company’s stock worth $1,026,000 after acquiring an additional 7,240 shares during the period. Finally, Transcend Capital Advisors LLC lifted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 66.4% during the 3rd quarter. Transcend Capital Advisors LLC now owns 11,835 shares of the company’s stock worth $412,000 after acquiring an additional 4,723 shares during the period.

FT Vest Laddered Nasdaq Buffer ETF Company Profile

The FT Cboe Vest Fund of Nasdaq-100 Buffer ETFs (BUFQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest Nasdaq-100 Buffer ETFs. BUFQ was launched on Jun 15, 2022 and is managed by First Trust.