FT Vest Laddered Buffer ETF (BATS:BUFR) Hits New 52-Week High – Still a Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $37.27 and last traded at $37.26, with a volume of 569203 shares trading hands. The stock had previously closed at $37.02.

FT Vest Laddered Buffer ETF Trading Down 0.1%

The firm has a market cap of $8.04 billion, a PE ratio of 24.43 and a beta of 0.61. The firm’s 50 day simple moving average is $36.52 and its 200 day simple moving average is $35.41.

Institutional Investors Weigh In On FT Vest Laddered Buffer ETF

Large investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its stake in FT Vest Laddered Buffer ETF by 3.0% during the fourth quarter. Royal Bank of Canada now owns 4,797,326 shares of the company’s stock valued at $164,357,000 after buying an additional 138,823 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in FT Vest Laddered Buffer ETF by 14.7% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 3,262,912 shares of the company’s stock worth $111,787,000 after acquiring an additional 418,781 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of FT Vest Laddered Buffer ETF by 1.9% during the 3rd quarter. NewEdge Advisors LLC now owns 2,542,145 shares of the company’s stock worth $84,958,000 after acquiring an additional 47,059 shares in the last quarter. IHT Wealth Management LLC raised its holdings in shares of FT Vest Laddered Buffer ETF by 9.5% during the 4th quarter. IHT Wealth Management LLC now owns 1,679,663 shares of the company’s stock worth $57,545,000 after acquiring an additional 145,631 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in shares of FT Vest Laddered Buffer ETF by 17.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 1,280,580 shares of the company’s stock valued at $43,245,000 after acquiring an additional 186,645 shares during the last quarter.

FT Vest Laddered Buffer ETF Company Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.