FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Reaches New 12-Month High – Time to Buy?

Shares of FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) hit a new 52-week high during trading on Tuesday . The company traded as high as $36.0953 and last traded at $35.74, with a volume of 88892 shares traded. The stock had previously closed at $35.84.

FT Vest Laddered Nasdaq Buffer ETF Stock Performance

The company has a fifty day moving average price of $35.60 and a two-hundred day moving average price of $34.79. The company has a market cap of $1.06 billion, a P/E ratio of 30.39 and a beta of 0.72.

Hedge Funds Weigh In On FT Vest Laddered Nasdaq Buffer ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC boosted its stake in FT Vest Laddered Nasdaq Buffer ETF by 132.9% in the 2nd quarter. Janney Montgomery Scott LLC now owns 22,827 shares of the company’s stock valued at $758,000 after purchasing an additional 13,027 shares during the period. Arkadios Wealth Advisors boosted its position in shares of FT Vest Laddered Nasdaq Buffer ETF by 2.2% in the second quarter. Arkadios Wealth Advisors now owns 15,875 shares of the company’s stock valued at $527,000 after acquiring an additional 338 shares during the period. Twin Peaks Wealth Advisors LLC grew its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 2.5% in the second quarter. Twin Peaks Wealth Advisors LLC now owns 96,488 shares of the company’s stock valued at $3,303,000 after acquiring an additional 2,333 shares in the last quarter. Prism Advisors Inc. grew its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 0.3% in the third quarter. Prism Advisors Inc. now owns 169,208 shares of the company’s stock valued at $5,895,000 after acquiring an additional 577 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its position in FT Vest Laddered Nasdaq Buffer ETF by 32.6% during the third quarter. Nations Financial Group Inc. IA ADV now owns 29,444 shares of the company’s stock worth $1,026,000 after acquiring an additional 7,240 shares during the period.

FT Vest Laddered Nasdaq Buffer ETF Company Profile

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.