FT Vest Laddered Buffer ETF (BATS:BUFR) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

FT Vest Laddered Buffer ETF (BATS:BUFR) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $37.53 and traded as high as $37.72. FT Vest Laddered Buffer ETF shares last traded at $37.65, with a volume of 1,339,322 shares changing hands.

FT Vest Laddered Buffer ETF Stock Up 0.4%

The stock’s 50-day simple moving average is $37.53 and its 200 day simple moving average is $35.98. The company has a market cap of $8.13 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61.

Institutional Trading of FT Vest Laddered Buffer ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BUFR. Arkadios Wealth Advisors boosted its stake in shares of FT Vest Laddered Buffer ETF by 99.3% in the first quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock valued at $14,025,000 after purchasing an additional 206,911 shares during the period. Prime Capital Investment Advisors LLC lifted its holdings in FT Vest Laddered Buffer ETF by 34.3% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 809,364 shares of the company’s stock worth $30,327,000 after buying an additional 206,732 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in FT Vest Laddered Buffer ETF by 17.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,280,580 shares of the company’s stock valued at $43,245,000 after buying an additional 186,645 shares during the period. Wedbush Securities Inc. purchased a new position in FT Vest Laddered Buffer ETF in the 3rd quarter valued at approximately $6,492,000. Finally, Wiser Advisor Group LLC boosted its position in FT Vest Laddered Buffer ETF by 123.9% in the 1st quarter. Wiser Advisor Group LLC now owns 116,116 shares of the company’s stock valued at $3,921,000 after buying an additional 64,265 shares during the period.

FT Vest Laddered Buffer ETF Company Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.