FT Vest Laddered Buffer ETF (BATS:BUFR) Sets New 12-Month High – Should You Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $37.41 and last traded at $37.34, with a volume of 58933 shares changing hands. The stock had previously closed at $37.29.

FT Vest Laddered Buffer ETF Stock Performance

The stock’s 50-day moving average is $36.62 and its 200 day moving average is $35.53. The stock has a market capitalization of $8.08 billion, a PE ratio of 24.43 and a beta of 0.61.

Hedge Funds Weigh In On FT Vest Laddered Buffer ETF

Several large investors have recently bought and sold shares of the stock. Compass Financial Management LLC purchased a new stake in shares of FT Vest Laddered Buffer ETF in the 2nd quarter valued at about $554,000. Wealth Group Ltd grew its stake in FT Vest Laddered Buffer ETF by 8.7% during the 2nd quarter. Wealth Group Ltd now owns 29,870 shares of the company’s stock worth $1,091,000 after buying an additional 2,403 shares during the last quarter. Parallel Advisors LLC grew its stake in FT Vest Laddered Buffer ETF by 546.4% during the 1st quarter. Parallel Advisors LLC now owns 16,800 shares of the company’s stock worth $567,000 after buying an additional 14,201 shares during the last quarter. Cozad Asset Management Inc. increased its position in FT Vest Laddered Buffer ETF by 9.5% during the first quarter. Cozad Asset Management Inc. now owns 34,014 shares of the company’s stock worth $1,149,000 after buying an additional 2,948 shares during the period. Finally, Mascagni Wealth Management Inc. increased its position in FT Vest Laddered Buffer ETF by 1.1% during the first quarter. Mascagni Wealth Management Inc. now owns 42,744 shares of the company’s stock worth $1,443,000 after buying an additional 485 shares during the period.

About FT Vest Laddered Buffer ETF

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.