FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Sets New 1-Year High – Should You Buy?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) shares hit a new 52-week high during trading on Monday . The company traded as high as $35.02 and last traded at $35.9450, with a volume of 82425 shares trading hands. The stock had previously closed at $34.88.

FT Vest Laddered Nasdaq Buffer ETF Stock Up 3.0%

The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72. The business has a 50-day moving average of $35.40 and a two-hundred day moving average of $34.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Arkadios Wealth Advisors boosted its position in FT Vest Laddered Nasdaq Buffer ETF by 2.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 15,875 shares of the company’s stock worth $527,000 after buying an additional 338 shares during the period. Prism Advisors Inc. raised its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 0.3% during the third quarter. Prism Advisors Inc. now owns 169,208 shares of the company’s stock valued at $5,895,000 after acquiring an additional 577 shares during the last quarter. Twin Peaks Wealth Advisors LLC lifted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 2.5% during the second quarter. Twin Peaks Wealth Advisors LLC now owns 96,488 shares of the company’s stock worth $3,303,000 after purchasing an additional 2,333 shares during the period. Transcend Capital Advisors LLC grew its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 66.4% in the third quarter. Transcend Capital Advisors LLC now owns 11,835 shares of the company’s stock worth $412,000 after purchasing an additional 4,723 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in FT Vest Laddered Nasdaq Buffer ETF by 32.6% in the third quarter. Nations Financial Group Inc. IA ADV now owns 29,444 shares of the company’s stock valued at $1,026,000 after purchasing an additional 7,240 shares during the period.

About FT Vest Laddered Nasdaq Buffer ETF

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.