FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Sets New 52-Week High – Should You Buy?

Shares of FT Vest Laddered Deep Buffer ETF (BATS:BUFD) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $29.98 and last traded at $29.97, with a volume of 18539 shares. The stock had previously closed at $29.89.

FT Vest Laddered Deep Buffer ETF Stock Up 0.5%

The stock has a fifty day simple moving average of $29.69 and a 200 day simple moving average of $28.97. The firm has a market capitalization of $1.50 billion, a P/E ratio of 24.83 and a beta of 0.41.

Institutional Trading of FT Vest Laddered Deep Buffer ETF

Several institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC bought a new stake in FT Vest Laddered Deep Buffer ETF during the 4th quarter valued at approximately $36,000. MN Wealth Advisors LLC purchased a new position in FT Vest Laddered Deep Buffer ETF in the 4th quarter worth approximately $258,000. Prime Capital Investment Advisors LLC bought a new position in FT Vest Laddered Deep Buffer ETF in the 4th quarter worth approximately $376,000. CoreCap Advisors LLC grew its holdings in FT Vest Laddered Deep Buffer ETF by 41.2% during the 2nd quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock valued at $393,000 after buying an additional 3,860 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in FT Vest Laddered Deep Buffer ETF during the 2nd quarter valued at approximately $463,000.

About FT Vest Laddered Deep Buffer ETF

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) 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 U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.