FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Hits New 1-Year High – What’s Next?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $50.0245 and last traded at $51.8750, with a volume of 25712 shares traded. The stock had previously closed at $49.9051.

FT Vest U.S. Equity Buffer ETF – January Trading Up 3.9%

The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57. The stock’s 50 day moving average price is $50.88 and its 200 day moving average price is $49.48.

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

Several large investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – January by 4.7% in the third quarter. Envestnet Asset Management Inc. now owns 865,980 shares of the company’s stock valued at $43,433,000 after purchasing an additional 38,665 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – January by 2.1% in the 2nd quarter. Raymond James Financial Inc. now owns 582,716 shares of the company’s stock valued at $27,708,000 after buying an additional 12,102 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 58.7% during the 2nd quarter. Stephens Inc. AR now owns 535,103 shares of the company’s stock worth $25,444,000 after acquiring an additional 197,901 shares during the period. Cetera Investment Advisers lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 4.4% during the 2nd quarter. Cetera Investment Advisers now owns 466,395 shares of the company’s stock worth $22,177,000 after acquiring an additional 19,638 shares during the period. Finally, Signal Advisors Wealth LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – January by 58.8% during the 2nd quarter. Signal Advisors Wealth LLC now owns 299,289 shares of the company’s stock worth $14,231,000 after acquiring an additional 110,840 shares in the last quarter.

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.