FT Vest Laddered Buffer ETF (BATS:BUFR) Reaches New 12-Month High – What’s Next?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s stock price reached a new 52-week high on Friday . The stock traded as high as $37.49 and last traded at $37.49, with a volume of 26669 shares changing hands. The stock had previously closed at $37.47.

FT Vest Laddered Buffer ETF Stock Performance

The company’s 50 day moving average price is $36.83 and its 200-day moving average price is $35.73. The company has a market cap of $8.10 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC bought a new position in shares of FT Vest Laddered Buffer ETF in the fourth quarter valued at $89,000. Gradient Capital Advisors LLC acquired a new stake in shares of FT Vest Laddered Buffer ETF during the 4th quarter valued at $219,000. Sunbelt Securities Inc. bought a new stake in shares of FT Vest Laddered Buffer ETF during the 3rd quarter worth $227,000. MTM Investment Management LLC boosted its stake in shares of FT Vest Laddered Buffer ETF by 138.3% during the 1st quarter. MTM Investment Management LLC now owns 7,150 shares of the company’s stock worth $241,000 after acquiring an additional 4,150 shares in the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in shares of FT Vest Laddered Buffer ETF during the 3rd quarter worth $261,000.

About FT Vest Laddered Buffer ETF

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.