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

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) shares hit a new 52-week high on Monday . The stock traded as high as $56.4999 and last traded at $57.06, 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 Performance

The company’s fifty day moving average price is $56.30 and its 200-day moving average price is $55.13. The stock has a market cap of $1.05 billion, a P/E ratio of 24.70 and a beta of 0.59.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Clearstead Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – June during the third quarter valued at approximately $104,000. Elevation Point Wealth Partners LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – June during the 2nd quarter valued at $152,000. Quantum Private Wealth LLC bought a new position in FT Vest U.S. Equity Buffer ETF – June in the 3rd quarter valued at $201,000. Sloy Dahl & Holst LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – June in the third quarter worth $203,000. Finally, Wood Tarver Financial Group LLC increased its stake in FT Vest U.S. Equity Buffer ETF – June by 9.2% in the third quarter. Wood Tarver Financial Group LLC now owns 3,717 shares of the company’s stock worth $207,000 after purchasing an additional 313 shares during the period.

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.