FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $55.38 and last traded at $55.38, with a volume of 6603 shares trading hands. The stock had previously closed at $55.06.

FT Vest U.S. Equity Buffer ETF – January Trading Up 0.7%

The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57. The company’s 50 day simple moving average is $54.61 and its 200-day simple moving average is $52.77.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the 1st quarter worth $48,000. Triumph Capital Management purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the third quarter valued at $150,000. Valtinson Bruner Financial Planning LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – January in the fourth quarter valued at $204,000. First National Bank of Omaha purchased a new position in FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth about $207,000. Finally, TopTier Wealth Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth about $213,000.

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.