FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Reaches New 1-Year High – Still a Buy?

Shares of FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) hit a new 52-week high on Thursday . The company traded as high as $36.77 and last traded at $35.8450, with a volume of 35045 shares changing hands. The stock had previously closed at $36.11.

FT Vest Laddered Nasdaq Buffer ETF Price Performance

The firm’s 50-day moving average price is $35.94 and its 200-day moving average price is $35.24. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72.

Hedge Funds Weigh In On FT Vest Laddered Nasdaq Buffer ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Prism Advisors Inc. boosted its position in FT Vest Laddered Nasdaq Buffer ETF by 0.3% during the 3rd quarter. Prism Advisors Inc. now owns 169,208 shares of the company’s stock worth $5,895,000 after acquiring an additional 577 shares during the period. Creative Financial Designs Inc. ADV raised its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 80,368.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 133,577 shares of the company’s stock valued at $4,787,000 after purchasing an additional 133,411 shares in the last quarter. Twin Peaks Wealth Advisors LLC lifted its holdings in FT Vest Laddered Nasdaq Buffer ETF by 1.7% in the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 98,327 shares of the company’s stock worth $3,542,000 after purchasing an additional 1,668 shares during the period. Janney Montgomery Scott LLC grew its position in FT Vest Laddered Nasdaq Buffer ETF by 56.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 59,760 shares of the company’s stock valued at $2,142,000 after buying an additional 21,559 shares in the last quarter. Finally, Claris Financial LLC bought a new position in FT Vest Laddered Nasdaq Buffer ETF in the 4th quarter valued at about $1,160,000.

FT Vest Laddered Nasdaq Buffer ETF Company Profile

The FT Cboe Vest Fund of Nasdaq-100 Buffer ETFs (BUFQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest Nasdaq-100 Buffer ETFs. BUFQ was launched on Jun 15, 2022 and is managed by First Trust.