FT Vest Laddered Buffer ETF (BATS:BUFR) Reaches New 12-Month High – Should You Buy?

Shares of FT Vest Laddered Buffer ETF (BATS:BUFR) reached a new 52-week high on Wednesday . The stock traded as high as $36.38 and last traded at $36.36, with a volume of 817166 shares. The stock had previously closed at $36.27.

FT Vest Laddered Buffer ETF Stock Up 0.2%

The company has a fifty day simple moving average of $35.05 and a two-hundred day simple moving average of $34.52. The stock has a market capitalization of $7.85 billion, a P/E ratio of 24.43 and a beta of 0.61.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Mascagni Wealth Management Inc. lifted its holdings in FT Vest Laddered Buffer ETF by 1.1% during the first quarter. Mascagni Wealth Management Inc. now owns 42,744 shares of the company’s stock worth $1,443,000 after acquiring an additional 485 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in FT Vest Laddered Buffer ETF by 99.3% during the first quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock worth $14,025,000 after acquiring an additional 206,911 shares in the last quarter. Claris Financial LLC lifted its holdings in FT Vest Laddered Buffer ETF by 7.4% during the first quarter. Claris Financial LLC now owns 37,456 shares of the company’s stock worth $1,265,000 after acquiring an additional 2,591 shares in the last quarter. Sunbelt Securities Inc. lifted its holdings in FT Vest Laddered Buffer ETF by 62.1% during the first quarter. Sunbelt Securities Inc. now owns 46,708 shares of the company’s stock worth $1,577,000 after acquiring an additional 17,899 shares in the last quarter. Finally, Symphony Financial Services Inc. lifted its holdings in FT Vest Laddered Buffer ETF by 5.5% during the first quarter. Symphony Financial Services Inc. now owns 491,555 shares of the company’s stock worth $16,600,000 after acquiring an additional 25,733 shares in 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.