FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Reaches New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $50.02 and last traded at $50.16, with a volume of 25712 shares traded. The stock had previously closed at $49.91.

FT Vest U.S. Equity Buffer ETF – January Trading Up 0.5%

The firm has a market capitalization of $1.12 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57. The stock’s 50 day moving average price is $49.11 and its two-hundred day moving average price is $46.67.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – January

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bleakley Financial Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – January during the 1st quarter worth $3,528,000. Assetmark Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – January by 38.5% in the 1st quarter. Assetmark Inc. now owns 146,079 shares of the company’s stock worth $6,479,000 after buying an additional 40,604 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – January by 24.6% in the 1st quarter. Kestra Private Wealth Services LLC now owns 16,730 shares of the company’s stock worth $742,000 after buying an additional 3,300 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the 1st quarter worth about $308,000. Finally, AE Wealth Management LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – January by 5.2% in the 1st quarter. AE Wealth Management LLC now owns 37,019 shares of the company’s stock worth $1,642,000 after buying an additional 1,840 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – January Company Profile

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.