FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $56.65 and traded as high as $56.86. FT Vest U.S. Equity Buffer ETF – January shares last traded at $56.73, with a volume of 17,987 shares traded.

FT Vest U.S. Equity Buffer ETF – January Price Performance

The stock has a market cap of $1.49 billion, a P/E ratio of 24.79 and a beta of 0.59. The stock’s 50-day moving average is $56.65 and its two-hundred day moving average is $54.49.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – January

Hedge funds have recently bought and sold shares of the stock. Private Advisor Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the 3rd quarter valued at about $4,487,000. HighTower Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the third quarter valued at about $4,019,000. Silver Oak Securities Incorporated bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the third quarter worth about $427,000. Thoroughbred Financial Services LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the third quarter worth about $375,000. Finally, Harbour Investments Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the third quarter worth about $1,959,000.

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.