FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Sets New 1-Year High – Here’s Why

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $36.0953 and last traded at $36.10, with a volume of 88892 shares changing hands. The stock had previously closed at $35.84.

FT Vest Laddered Nasdaq Buffer ETF Stock Up 0.9%

The firm has a fifty day moving average of $35.50 and a 200-day moving average of $34.66. The firm has a market cap of $1.07 billion, a P/E ratio of 30.39 and a beta of 0.72.

Hedge Funds Weigh In On FT Vest Laddered Nasdaq Buffer ETF

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

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.