FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Reaches New 1-Year High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) shares hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $57.31 and last traded at $57.2310, with a volume of 199 shares traded. The stock had previously closed at $57.23.

FT Vest U.S. Equity Buffer ETF – January Stock Down 0.5%

The firm’s 50 day simple moving average is $56.56 and its 200 day simple moving average is $55.03. The company has a market capitalization of $1.27 billion, a PE ratio of 24.79 and a beta of 0.57.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – January

Several hedge funds and other institutional investors have recently made changes to their positions in FJAN. NewEdge Advisors LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – January by 1.5% during the first quarter. NewEdge Advisors LLC now owns 18,655 shares of the company’s stock valued at $940,000 after buying an additional 274 shares during the last quarter. CoreCap Advisors LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 2.6% in the second quarter. CoreCap Advisors LLC now owns 14,741 shares of the company’s stock worth $812,000 after buying an additional 369 shares during the period. Grant Street Asset Management Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – January by 9.1% during the 1st quarter. Grant Street Asset Management Inc. now owns 8,583 shares of the company’s stock worth $433,000 after acquiring an additional 719 shares during the last quarter. Signal Advisors Wealth LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – January by 2.8% during the 3rd quarter. Signal Advisors Wealth LLC now owns 27,075 shares of the company’s stock worth $1,532,000 after acquiring an additional 750 shares during the last quarter. Finally, GK Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January during the 3rd quarter worth approximately $50,000.

FT Vest U.S. Equity Buffer ETF – January Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.