FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Sets New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) hit a new 52-week high on Monday . The company traded as high as $56.4999 and last traded at $56.3760, with a volume of 9890 shares trading hands. The stock had previously closed at $56.4491.

FT Vest U.S. Equity Buffer ETF – June Stock Down 0.3%

The business’s 50 day moving average is $55.73 and its two-hundred day moving average is $53.71. The firm has a market capitalization of $1.04 billion, a P/E ratio of 24.70 and a beta of 0.59.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – June

Several large investors have recently made changes to their positions in FJUN. Financial Network Wealth Advisors LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – June by 582.4% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 969 shares of the company’s stock valued at $48,000 after purchasing an additional 827 shares in the last quarter. NorthRock Partners LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – June during the 1st quarter valued at about $70,000. Elevation Point Wealth Partners LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – June during the 2nd quarter valued at about $152,000. Sloy Dahl & Holst LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – June during the 3rd quarter valued at about $203,000. Finally, Ignite Planners LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – June during the 2nd quarter worth about $235,000.

About FT Vest U.S. Equity Buffer ETF – June

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.