Geneos Wealth Management Inc. Has $12.25 Million Holdings in FT Vest Laddered Moderate Buffer ETF $BUFZ

Geneos Wealth Management Inc. trimmed its holdings in FT Vest Laddered Moderate Buffer ETF (BATS:BUFZ) by 11.7% in the 1st quarter, Holdings Channel reports. The fund owned 466,416 shares of the company’s stock after selling 61,716 shares during the quarter. Geneos Wealth Management Inc.’s holdings in FT Vest Laddered Moderate Buffer ETF were worth $12,253,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Kestra Advisory Services LLC increased its position in FT Vest Laddered Moderate Buffer ETF by 2.6% during the first quarter. Kestra Advisory Services LLC now owns 1,087,398 shares of the company’s stock worth $28,566,000 after acquiring an additional 27,696 shares during the period. Rise Advisors LLC boosted its holdings in FT Vest Laddered Moderate Buffer ETF by 87.6% in the 4th quarter. Rise Advisors LLC now owns 656,390 shares of the company’s stock valued at $17,414,000 after purchasing an additional 306,580 shares during the period. Richmond Investment Services LLC boosted its holdings in FT Vest Laddered Moderate Buffer ETF by 9.1% in the 1st quarter. Richmond Investment Services LLC now owns 304,966 shares of the company’s stock valued at $8,011,000 after purchasing an additional 25,378 shares during the period. JPMorgan Chase & Co. grew its position in FT Vest Laddered Moderate Buffer ETF by 2,370.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 116,508 shares of the company’s stock worth $3,018,000 after purchasing an additional 111,791 shares during the last quarter. Finally, AdvisorNet Financial Inc grew its position in FT Vest Laddered Moderate Buffer ETF by 44.7% in the 1st quarter. AdvisorNet Financial Inc now owns 112,027 shares of the company’s stock worth $2,943,000 after purchasing an additional 34,596 shares during the last quarter.

FT Vest Laddered Moderate Buffer ETF Stock Performance

BATS:BUFZ opened at $28.10 on Thursday. The firm’s 50-day moving average is $27.80 and its 200-day moving average is $27.08. The company has a market cap of $584.48 million, a price-to-earnings ratio of 24.79 and a beta of 0.40. FT Vest Laddered Moderate Buffer ETF has a 52-week low of $24.93 and a 52-week high of $28.23.

FT Vest Laddered Moderate Buffer ETF Profile

The FT Vest Laddered Moderate Buffer ETF (BUFZ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that invests in an equal-weighted portfolio of First Trusts twelve-monthly Equity Moderate Buffer ETFs. The underlying ETFs target specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust (ticker: SPY). BUFZ was launched on Oct 25, 2023 and is issued by First Trust.