FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Reaches New 12-Month High – Here’s What Happened

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) reached a new 52-week high on Monday . The stock traded as high as $36.20 and last traded at $36.17, with a volume of 107349 shares changing hands. The stock had previously closed at $36.03.

FT Vest Laddered Nasdaq Buffer ETF Price Performance

The stock’s 50-day simple moving average is $35.66 and its two-hundred day simple moving average is $34.86. The firm has a market capitalization of $1.07 billion, a P/E ratio of 30.39 and a beta of 0.72.

Institutional Investors Weigh In On FT Vest Laddered Nasdaq Buffer ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Wedbush Securities Inc. bought a new stake in shares of FT Vest Laddered Nasdaq Buffer ETF during the third quarter valued at approximately $297,000. Transcend Capital Advisors LLC increased its holdings in FT Vest Laddered Nasdaq Buffer ETF by 66.4% in the 3rd quarter. Transcend Capital Advisors LLC now owns 11,835 shares of the company’s stock valued at $412,000 after acquiring an additional 4,723 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in FT Vest Laddered Nasdaq Buffer ETF by 2.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 15,875 shares of the company’s stock worth $527,000 after purchasing an additional 338 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in FT Vest Laddered Nasdaq Buffer ETF by 132.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 22,827 shares of the company’s stock worth $758,000 after purchasing an additional 13,027 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 32.6% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 29,444 shares of the company’s stock valued at $1,026,000 after purchasing an additional 7,240 shares during the last quarter.

About FT Vest Laddered Nasdaq Buffer ETF

The FT Cboe Vest Fund of Nasdaq-100 Buffer ETFs (BUFQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest Nasdaq-100 Buffer ETFs. BUFQ was launched on Jun 15, 2022 and is managed by First Trust.