FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Sets New 12-Month High – Time to Buy?

Shares of FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) hit a new 52-week high on Wednesday . The stock traded as high as $38.92 and last traded at $38.91, with a volume of 88753 shares trading hands. The stock had previously closed at $38.68.

FT Vest Laddered Nasdaq Buffer ETF Stock Up 0.6%

The company has a 50-day simple moving average of $36.86 and a two-hundred day simple moving average of $36.09. The stock has a market cap of $1.15 billion, a P/E ratio of 30.39 and a beta of 0.72.

Institutional Trading of FT Vest Laddered Nasdaq Buffer ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Prism Advisors Inc. lifted its position in FT Vest Laddered Nasdaq Buffer ETF by 16.3% in the first quarter. Prism Advisors Inc. now owns 166,188 shares of the company’s stock valued at $5,870,000 after purchasing an additional 23,340 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in FT Vest Laddered Nasdaq Buffer ETF by 80,368.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 133,577 shares of the company’s stock valued at $4,787,000 after purchasing an additional 133,411 shares during the last quarter. Twin Peaks Wealth Advisors LLC lifted its position in FT Vest Laddered Nasdaq Buffer ETF by 1.7% in the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 98,327 shares of the company’s stock valued at $3,542,000 after purchasing an additional 1,668 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in FT Vest Laddered Nasdaq Buffer ETF by 28.7% in the first quarter. Janney Montgomery Scott LLC now owns 76,895 shares of the company’s stock valued at $2,716,000 after purchasing an additional 17,135 shares during the last quarter. Finally, Claris Financial LLC raised its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 7.6% during the first quarter. Claris Financial LLC now owns 34,829 shares of the company’s stock valued at $1,230,000 after acquiring an additional 2,449 shares in 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.