FT Vest Laddered Buffer ETF (BATS:BUFR) Hits New 1-Year High – Still a Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $35.93 and last traded at $35.90, with a volume of 23657 shares traded. The stock had previously closed at $35.78.

FT Vest Laddered Buffer ETF Price Performance

The stock has a market cap of $7.77 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61. The business’s 50 day moving average is $34.53 and its 200 day moving average is $34.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Jaffetilchin Investment Partners LLC raised its position in shares of FT Vest Laddered Buffer ETF by 2.0% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 15,121 shares of the company’s stock worth $518,000 after acquiring an additional 294 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in FT Vest Laddered Buffer ETF by 0.8% in the third quarter. EverSource Wealth Advisors LLC now owns 37,175 shares of the company’s stock valued at $1,242,000 after purchasing an additional 310 shares during the last quarter. FSB Premier Wealth Management Inc. increased its stake in FT Vest Laddered Buffer ETF by 1.6% in the second quarter. FSB Premier Wealth Management Inc. now owns 27,834 shares of the company’s stock valued at $885,000 after purchasing an additional 446 shares during the last quarter. Pinnacle Bancorp Inc. raised its holdings in FT Vest Laddered Buffer ETF by 13.7% during the third quarter. Pinnacle Bancorp Inc. now owns 4,478 shares of the company’s stock worth $150,000 after purchasing an additional 538 shares in the last quarter. Finally, Concentrum Wealth Management raised its holdings in FT Vest Laddered Buffer ETF by 2.6% during the third quarter. Concentrum Wealth Management now owns 25,572 shares of the company’s stock worth $855,000 after purchasing an additional 637 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.