FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 1-Year High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $55.38 and last traded at $55.38, with a volume of 6603 shares changing hands. The stock had previously closed at $55.06.

FT Vest U.S. Equity Buffer ETF – January Price Performance

The business’s 50-day moving average price is $54.68 and its two-hundred day moving average price is $52.83. The company has a market capitalization of $1.24 billion, a P/E ratio of 24.79 and a beta of 0.57.

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

A number of hedge funds have recently modified their holdings of the business. Cetera Investment Advisers raised its holdings in FT Vest U.S. Equity Buffer ETF – January by 131.4% during the 1st quarter. Cetera Investment Advisers now owns 608,364 shares of the company’s stock worth $30,668,000 after buying an additional 345,511 shares during the period. Raymond James Financial Inc. lifted its position in 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 acquiring an additional 12,102 shares in the last quarter. Brookstone Capital Management boosted its stake in FT Vest U.S. Equity Buffer ETF – January by 3.5% in the 1st quarter. Brookstone Capital Management now owns 316,622 shares of the company’s stock worth $15,961,000 after purchasing an additional 10,835 shares during the period. Assetmark Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – January by 11.1% during the 1st quarter. Assetmark Inc. now owns 280,123 shares of the company’s stock worth $14,121,000 after purchasing an additional 27,894 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 7.5% in the fourth quarter. LPL Financial LLC now owns 250,193 shares of the company’s stock valued at $12,947,000 after purchasing an additional 17,410 shares in the last quarter.

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.