FT Vest Laddered Buffer ETF (BATS:BUFR) Reaches New 1-Year High – Time to Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $35.63 and last traded at $35.59, with a volume of 166244 shares changing hands. The stock had previously closed at $35.53.

FT Vest Laddered Buffer ETF Trading Up 0.1%

The business’s fifty day moving average is $34.51 and its 200 day moving average is $34.23. The firm has a market capitalization of $7.72 billion, a P/E ratio of 24.43 and a beta of 0.61.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Flagship Harbor Advisors LLC boosted its stake in shares of FT Vest Laddered Buffer ETF by 6.5% during the 4th quarter. Flagship Harbor Advisors LLC now owns 529,130 shares of the company’s stock worth $18,128,000 after acquiring an additional 32,416 shares in the last quarter. Arkadios Wealth Advisors raised its position in shares of FT Vest Laddered Buffer ETF by 14.7% during the third quarter. Arkadios Wealth Advisors now owns 180,284 shares of the company’s stock worth $6,025,000 after purchasing an additional 23,167 shares during the period. Wealth Group Ltd. acquired a new stake in shares of FT Vest Laddered Buffer ETF during the fourth quarter worth $837,000. Ameriflex Group Inc. lifted its holdings in shares of FT Vest Laddered Buffer ETF by 4,065.2% during the third quarter. Ameriflex Group Inc. now owns 21,992 shares of the company’s stock valued at $735,000 after purchasing an additional 21,464 shares during the last quarter. Finally, FreeGulliver LLC lifted its holdings in shares of FT Vest Laddered Buffer ETF by 7.8% during the third quarter. FreeGulliver LLC now owns 231,171 shares of the company’s stock valued at $7,726,000 after purchasing an additional 16,783 shares during the last quarter.

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.