FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Trading Down 0.3% – Should You Sell?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) fell 0.3% during trading on Thursday . The stock traded as low as $39.29 and last traded at $39.42. Approximately 130,513 shares traded hands during trading, a decline of 23% from the average daily volume of 170,311 shares. The stock had previously closed at $39.52.

FT Vest Laddered Nasdaq Buffer ETF Stock Up 0.2%

The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72. The stock’s 50 day moving average price is $39.02 and its two-hundred day moving average price is $37.71.

Institutional Investors Weigh In On FT Vest Laddered Nasdaq Buffer ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Creative Financial Designs Inc. ADV lifted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 80,368.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 133,577 shares of the company’s stock valued at $4,787,000 after buying an additional 133,411 shares during the period. Twin Peaks Wealth Advisors LLC raised its position in FT Vest Laddered Nasdaq Buffer ETF by 1.7% during the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 98,327 shares of the company’s stock valued at $3,542,000 after acquiring an additional 1,668 shares in the last quarter. Janney Montgomery Scott LLC raised its position in FT Vest Laddered Nasdaq Buffer ETF by 56.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 59,760 shares of the company’s stock valued at $2,142,000 after acquiring an additional 21,559 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in FT Vest Laddered Nasdaq Buffer ETF by 38.7% in the fourth quarter. Arkadios Wealth Advisors now owns 25,890 shares of the company’s stock valued at $928,000 after acquiring an additional 7,218 shares during the period. Finally, Claris Financial LLC acquired a new position in FT Vest Laddered Nasdaq Buffer ETF in the fourth quarter valued at approximately $1,160,000.

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.