FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $53.51 and last traded at $53.51, with a volume of 5793 shares traded. The stock had previously closed at $53.47.

FT Vest U.S. Equity Buffer ETF – January Stock Up 0.4%

The company’s 50-day moving average is $51.63 and its 200-day moving average is $51.39. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 24.79 and a beta of 0.57.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – January

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FJAN. Rockefeller Capital Management L.P. raised its holdings in FT Vest U.S. Equity Buffer ETF – January by 544.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 163,363 shares of the company’s stock worth $8,454,000 after purchasing an additional 137,997 shares in the last quarter. Foguth Wealth Management LLC. acquired a new stake in FT Vest U.S. Equity Buffer ETF – January during the fourth quarter worth approximately $6,514,000. BAM Wealth Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – January during the third quarter worth approximately $4,479,000. Atria Investments Inc raised its holdings in FT Vest U.S. Equity Buffer ETF – January by 170.0% during the third quarter. Atria Investments Inc now owns 120,399 shares of the company’s stock worth $6,039,000 after purchasing an additional 75,808 shares in the last quarter. Finally, Synergy Asset Management LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – January by 203.4% during the third quarter. Synergy Asset Management LLC now owns 84,971 shares of the company’s stock worth $4,116,000 after purchasing an additional 56,967 shares in the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.