FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Reaches New 12-Month High – Still a Buy?
by Jessica Moore · The Cerbat GemFT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ – Get Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $38.92 and last traded at $38.91, with a volume of 88753 shares traded. The stock had previously closed at $38.68.
FT Vest Laddered Nasdaq Buffer ETF Stock Performance
The company has a market capitalization of $1.15 billion, a PE ratio of 30.39 and a beta of 0.72. The company’s 50-day simple moving average is $36.98 and its 200-day simple moving average is $36.14.
Hedge Funds Weigh In On FT Vest Laddered Nasdaq Buffer ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in BUFQ. Parallel Advisors LLC purchased a new stake in FT Vest Laddered Nasdaq Buffer ETF during the 1st quarter valued at approximately $64,000. Wedbush Securities Inc. purchased a new position in shares of FT Vest Laddered Nasdaq Buffer ETF in the 3rd quarter valued at approximately $297,000. Transcend Capital Advisors LLC grew its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 66.4% in the 3rd quarter. Transcend Capital Advisors LLC now owns 11,835 shares of the company’s stock valued at $412,000 after purchasing an additional 4,723 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 17.6% in the third quarter. Arkadios Wealth Advisors now owns 18,672 shares of the company’s stock valued at $651,000 after purchasing an additional 2,797 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 1.6% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 29,921 shares of the company’s stock valued at $1,072,000 after purchasing an additional 477 shares during the period.
About FT Vest Laddered Nasdaq Buffer ETF
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.