FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Hits New 12-Month High – Should You Buy?

Shares of FT Vest Laddered Deep Buffer ETF (BATS:BUFD) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $29.73 and last traded at $29.72, with a volume of 7762 shares traded. The stock had previously closed at $29.57.

FT Vest Laddered Deep Buffer ETF Stock Up 0.5%

The company has a market cap of $1.49 billion, a P/E ratio of 24.83 and a beta of 0.41. The company has a 50 day moving average price of $29.20 and a 200-day moving average price of $28.59.

Hedge Funds Weigh In On FT Vest Laddered Deep Buffer ETF

Large investors have recently bought and sold shares of the stock. Parallel Advisors LLC acquired a new position in FT Vest Laddered Deep Buffer ETF during the 4th quarter valued at about $36,000. MN Wealth Advisors LLC acquired a new position in FT Vest Laddered Deep Buffer ETF during the 4th quarter valued at about $258,000. Prime Capital Investment Advisors LLC acquired a new position in FT Vest Laddered Deep Buffer ETF during the 4th quarter valued at about $376,000. CoreCap Advisors LLC increased its stake in FT Vest Laddered Deep Buffer ETF by 34.8% during the 4th quarter. CoreCap Advisors LLC now owns 16,066 shares of the company’s stock valued at $454,000 after buying an additional 4,147 shares during the period. Finally, Private Trust Co. NA increased its stake in FT Vest Laddered Deep Buffer ETF by 26.0% during the 4th quarter. Private Trust Co. NA now owns 17,181 shares of the company’s stock valued at $485,000 after buying an additional 3,549 shares during the period.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) 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 U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.