FT Vest Laddered Buffer ETF (BATS:BUFR) Reaches New 12-Month High – Time to Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR) hit a new 52-week high on Thursday . The stock traded as high as $35.63 and last traded at $35.59, with a volume of 166244 shares traded. The stock had previously closed at $35.53.

FT Vest Laddered Buffer ETF Stock Performance

The firm has a market cap of $7.72 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61. The firm has a 50-day moving average price of $34.49 and a two-hundred day moving average price of $34.22.

Institutional Investors Weigh In On FT Vest Laddered Buffer ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BUFR. GoalVest Advisory LLC acquired a new stake in FT Vest Laddered Buffer ETF during the 4th quarter worth $57,000. Parallel Advisors LLC acquired a new stake in FT Vest Laddered Buffer ETF during the 4th quarter worth $89,000. Pinnacle Bancorp Inc. raised its stake in FT Vest Laddered Buffer ETF by 13.7% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 4,478 shares of the company’s stock worth $150,000 after acquiring an additional 538 shares in the last quarter. Rossby Financial LCC lifted its stake in FT Vest Laddered Buffer ETF by 67.3% in the third quarter. Rossby Financial LCC now owns 4,716 shares of the company’s stock valued at $158,000 after buying an additional 1,897 shares during the last quarter. Finally, Gradient Capital Advisors LLC purchased a new stake in FT Vest Laddered Buffer ETF in the fourth quarter valued at approximately $219,000.

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.