FT Vest Laddered Buffer ETF (BATS:BUFR) Sets New 1-Year High – Should You Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $37.27 and last traded at $37.26, with a volume of 569203 shares traded. The stock had previously closed at $37.02.

FT Vest Laddered Buffer ETF Stock Up 0.6%

The company has a 50-day simple moving average of $36.48 and a two-hundred day simple moving average of $35.37. The stock has a market cap of $8.05 billion, a P/E ratio of 24.43 and a beta of 0.61.

Institutional Investors Weigh In On FT Vest Laddered Buffer ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BUFR. Parallel Advisors LLC purchased a new stake in FT Vest Laddered Buffer ETF during the 4th quarter valued at $89,000. Gradient Capital Advisors LLC bought a new stake in FT Vest Laddered Buffer ETF in the 4th quarter worth $219,000. Sunbelt Securities Inc. purchased a new position in shares of FT Vest Laddered Buffer ETF in the third quarter valued at about $227,000. MTM Investment Management LLC increased its position in shares of FT Vest Laddered Buffer ETF by 138.3% in the first quarter. MTM Investment Management LLC now owns 7,150 shares of the company’s stock valued at $241,000 after acquiring an additional 4,150 shares during the period. Finally, Ameriprise Financial Inc. bought a new position in shares of FT Vest Laddered Buffer ETF during the third quarter valued at about $261,000.

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.