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

Shares of FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) reached a new 52-week high during trading on Monday . The company traded as high as $35.02 and last traded at $35.4660, with a volume of 82425 shares trading hands. The stock had previously closed at $34.88.

FT Vest Laddered Nasdaq Buffer ETF Trading Up 1.6%

The company has a market cap of $1.05 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72. The stock’s fifty day simple moving average is $34.70 and its 200 day simple moving average is $33.20.

Institutional Trading of FT Vest Laddered Nasdaq Buffer ETF

Institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new stake in FT Vest Laddered Nasdaq Buffer ETF in the 1st quarter valued at approximately $293,000. Arkadios Wealth Advisors increased its holdings in FT Vest Laddered Nasdaq Buffer ETF by 2.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 15,875 shares of the company’s stock valued at $527,000 after purchasing an additional 338 shares during the last quarter. Twin Peaks Wealth Advisors LLC increased its holdings in FT Vest Laddered Nasdaq Buffer ETF by 2.5% in the 2nd quarter. Twin Peaks Wealth Advisors LLC now owns 96,488 shares of the company’s stock valued at $3,303,000 after purchasing an additional 2,333 shares during the last quarter. Prism Advisors Inc. grew its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 0.3% in the third quarter. Prism Advisors Inc. now owns 169,208 shares of the company’s stock worth $5,895,000 after acquiring an additional 577 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of 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 worth $1,026,000 after acquiring an additional 7,240 shares in the last quarter.

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.