FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Hits New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $50.0245 and last traded at $52.31, with a volume of 25712 shares trading hands. The stock had previously closed at $49.9051.

FT Vest U.S. Equity Buffer ETF – January Stock Up 5.1%

The company’s fifty day moving average price is $51.55 and its 200-day moving average price is $50.23. The stock has a market capitalization of $1.17 billion, a PE ratio of 24.79 and a beta of 0.57.

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

Institutional investors have recently modified their holdings of the stock. Assetmark Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – January by 14.7% in the 4th quarter. Assetmark Inc. now owns 252,229 shares of the company’s stock worth $13,053,000 after purchasing an additional 32,253 shares during the last quarter. Centennial Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – January in the 4th quarter valued at approximately $233,000. Silver Oak Securities Incorporated purchased a new position in FT Vest U.S. Equity Buffer ETF – January in the 4th quarter worth about $315,000. CoreCap Advisors LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – January by 1.3% during the 4th quarter. CoreCap Advisors LLC now owns 14,599 shares of the company’s stock valued at $755,000 after acquiring an additional 194 shares during the period. Finally, Foguth Wealth Management LLC. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January during the 4th quarter valued at about $6,514,000.

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.