FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Hits New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) shares reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as $57.31 and last traded at $57.2310, with a volume of 199 shares changing hands. The stock had previously closed at $57.23.

FT Vest U.S. Equity Buffer ETF – January Stock Down 0.0%

The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57. The company has a 50-day moving average price of $56.52 and a 200 day moving average price of $54.94.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – January

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Avior Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January during the third quarter worth $1,592,000. Sacks & Associates LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter worth approximately $228,000. GK Wealth Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the third quarter worth $50,000. Farther Finance Advisors LLC lifted its position in FT Vest U.S. Equity Buffer ETF – January by 80.4% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,975 shares of the company’s stock worth $621,000 after acquiring an additional 4,892 shares during the last quarter. Finally, Bullseye Investment Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – January during the 2nd quarter valued at approximately $292,000.

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.