FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $55.60 and last traded at $55.53, with a volume of 24498 shares changing hands. The stock had previously closed at $55.48.

FT Vest U.S. Equity Buffer ETF – January Stock Up 0.1%

The company has a 50 day simple moving average of $54.86 and a two-hundred day simple moving average of $52.96. The company has a market capitalization of $1.24 billion, a P/E ratio of 24.79 and a beta of 0.57.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – January

Several large investors have recently modified their holdings of FJAN. Geneos Wealth Management Inc. purchased a new stake in FT Vest U.S. Equity Buffer ETF – January during the 1st quarter valued at $48,000. Triumph Capital Management purchased a new position in FT Vest U.S. Equity Buffer ETF – January during the third quarter worth $150,000. Valtinson Bruner Financial Planning LLC bought a new position in FT Vest U.S. Equity Buffer ETF – January during the fourth quarter valued at $204,000. Elmwood Wealth Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – January during the second quarter valued at $217,000. Finally, First National Bank of Omaha purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the fourth quarter valued at $207,000.

About FT Vest U.S. Equity Buffer ETF – January

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.