FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Reaches New 12-Month High – What’s Next?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD) shares hit a new 52-week high on Tuesday. The company traded as high as $30.64 and last traded at $30.6140, with a volume of 8975 shares changing hands. The stock had previously closed at $30.57.

FT Vest Laddered Deep Buffer ETF Price Performance

The company’s 50-day moving average price is $30.26 and its 200-day moving average price is $29.59. The company has a market cap of $1.53 billion, a P/E ratio of 24.83 and a beta of 0.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. CoreCap Advisors LLC boosted its position in FT Vest Laddered Deep Buffer ETF by 41.2% during the 2nd quarter. CoreCap Advisors LLC now owns 13,230 shares of the company’s stock worth $393,000 after acquiring an additional 3,860 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of FT Vest Laddered Deep Buffer ETF in the second quarter worth $463,000. Janney Montgomery Scott LLC lifted its position in shares of FT Vest Laddered Deep Buffer ETF by 10.4% in the first quarter. Janney Montgomery Scott LLC now owns 28,549 shares of the company’s stock worth $799,000 after purchasing an additional 2,680 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in FT Vest Laddered Deep Buffer ETF by 13.8% during the first quarter. Arkadios Wealth Advisors now owns 57,321 shares of the company’s stock worth $1,605,000 after purchasing an additional 6,945 shares during the last quarter.

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.