FT Vest Laddered Buffer ETF (BATS:BUFR) Reaches New 52-Week High – Here’s What Happened

FT Vest Laddered Buffer ETF (BATS:BUFR) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $36.24 and last traded at $36.20, with a volume of 1126423 shares trading hands. The stock had previously closed at $36.16.

FT Vest Laddered Buffer ETF Stock Performance

The firm has a fifty day simple moving average of $34.88 and a 200 day simple moving average of $34.45. The company has a market capitalization of $7.82 billion, a PE ratio of 24.43 and a beta of 0.61.

Hedge Funds Weigh In On FT Vest Laddered Buffer ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Flagship Harbor Advisors LLC increased its holdings in shares of FT Vest Laddered Buffer ETF by 6.5% in the 4th quarter. Flagship Harbor Advisors LLC now owns 529,130 shares of the company’s stock valued at $18,128,000 after acquiring an additional 32,416 shares during the period. Wealth Group Ltd. purchased a new stake in shares of FT Vest Laddered Buffer ETF during the 4th quarter worth $837,000. Western Wealth Management LLC lifted its stake in shares of FT Vest Laddered Buffer ETF by 23.5% during the 4th quarter. Western Wealth Management LLC now owns 191,213 shares of the company’s stock worth $6,551,000 after purchasing an additional 36,417 shares during the last quarter. Arkadios Wealth Advisors boosted its position in FT Vest Laddered Buffer ETF by 14.7% during the third quarter. Arkadios Wealth Advisors now owns 180,284 shares of the company’s stock valued at $6,025,000 after purchasing an additional 23,167 shares in the last quarter. Finally, Ameriflex Group Inc. boosted its position in FT Vest Laddered Buffer ETF by 4,065.2% during the third quarter. Ameriflex Group Inc. now owns 21,992 shares of the company’s stock valued at $735,000 after purchasing an additional 21,464 shares in the last quarter.

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.