FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Reaches New 1-Year High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.0245 and last traded at $51.6240, with a volume of 25712 shares traded. The stock had previously closed at $49.9051.

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

The stock has a market capitalization of $1.16 billion, a P/E ratio of 24.79 and a beta of 0.57. The business has a fifty day simple moving average of $50.77 and a 200-day simple moving average of $49.37.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – January

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MAI Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter worth about $46,000. Geneos Wealth Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – January in the first quarter worth approximately $48,000. Triumph Capital Management bought a new stake in FT Vest U.S. Equity Buffer ETF – January during the 3rd quarter valued at $150,000. Global Retirement Partners LLC raised its position in FT Vest U.S. Equity Buffer ETF – January by 91.3% during the 3rd quarter. Global Retirement Partners LLC now owns 3,157 shares of the company’s stock valued at $158,000 after purchasing an additional 1,507 shares in the last quarter. Finally, TruNorth Capital Management LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 537.0% in the 3rd quarter. TruNorth Capital Management LLC now owns 3,185 shares of the company’s stock worth $160,000 after buying an additional 2,685 shares during the period.

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.