FT Vest Laddered Buffer ETF (BATS:BUFR) Stock Price Breaks Below 50-Day Moving Average – What’s Next?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s stock price crossed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $37.55 and traded as low as $37.39. FT Vest Laddered Buffer ETF shares last traded at $37.50, with a volume of 1,309,905 shares.

FT Vest Laddered Buffer ETF Trading Down 0.2%

The firm’s fifty day moving average price is $37.55 and its 200-day moving average price is $36.17. The firm has a market cap of $10.99 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61.

Hedge Funds Weigh In On FT Vest Laddered Buffer ETF

Large investors have recently bought and sold shares of the stock. Legacy Financial Group LLC grew its holdings in shares of FT Vest Laddered Buffer ETF by 6.7% during the third quarter. Legacy Financial Group LLC now owns 1,149,352 shares of the company’s stock worth $43,066,000 after purchasing an additional 71,952 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of FT Vest Laddered Buffer ETF by 34.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 809,364 shares of the company’s stock valued at $30,327,000 after purchasing an additional 206,732 shares during the last quarter. Holos Integrated Wealth LLC boosted its position in shares of FT Vest Laddered Buffer ETF by 5.0% in the 3rd quarter. Holos Integrated Wealth LLC now owns 641,174 shares of the company’s stock valued at $24,166,000 after purchasing an additional 30,798 shares during the period. Symphony Financial Services Inc. boosted its position in shares of FT Vest Laddered Buffer ETF by 5.5% in the 1st quarter. Symphony Financial Services Inc. now owns 491,555 shares of the company’s stock valued at $16,600,000 after purchasing an additional 25,733 shares during the period. Finally, Arkadios Wealth Advisors grew its stake in FT Vest Laddered Buffer ETF by 99.3% during the 1st quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock worth $14,025,000 after buying an additional 206,911 shares during the last quarter.

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.