FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 52-Week High – What’s Next?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $54.19 and last traded at $54.14, with a volume of 1194 shares changing hands. The stock had previously closed at $53.75.

FT Vest U.S. Equity Buffer ETF – January Stock Up 0.4%

The stock has a 50 day moving average of $51.89 and a 200 day moving average of $51.59. The firm has a market cap of $1.22 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. MAI Capital Management acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the 3rd quarter valued at $46,000. Geneos Wealth Management Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – January during the 1st quarter worth $48,000. Triumph Capital Management acquired a new stake in FT Vest U.S. Equity Buffer ETF – January in the third quarter valued at about $150,000. Global Retirement Partners LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – January by 91.3% in the third quarter. Global Retirement Partners LLC now owns 3,157 shares of the company’s stock valued at $158,000 after buying an additional 1,507 shares in the last quarter. Finally, Valtinson Bruner Financial Planning LLC bought a new position in FT Vest U.S. Equity Buffer ETF – January in the fourth quarter valued at about $204,000.

FT Vest U.S. Equity Buffer ETF – January Company Profile

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.