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

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) hit a new 52-week high during trading on Monday . The company traded as high as $56.4999 and last traded at $57.2840, with a volume of 9890 shares changing hands. The stock had previously closed at $56.4491.

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

The company has a market cap of $1.05 billion, a price-to-earnings ratio of 24.70 and a beta of 0.59. The firm has a fifty day simple moving average of $56.49 and a 200 day simple moving average of $55.36.

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

A number of institutional investors have recently made changes to their positions in FJUN. Clearstead Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – June in the 3rd quarter worth approximately $104,000. Elevation Point Wealth Partners LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – June during the 2nd quarter valued at $152,000. Quantum Private Wealth LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – June in the 3rd quarter valued at $201,000. Sloy Dahl & Holst LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – June in the 3rd quarter worth $203,000. Finally, Wood Tarver Financial Group LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – June by 9.2% during the 3rd quarter. Wood Tarver Financial Group LLC now owns 3,717 shares of the company’s stock worth $207,000 after purchasing an additional 313 shares during the period.

About FT Vest U.S. Equity Buffer ETF – June

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.