FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Hits New 1-Year High – Should You Buy?

Shares of FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) reached a new 52-week high during trading on Monday . The company traded as high as $35.02 and last traded at $35.3510, with a volume of 82425 shares trading hands. The stock had previously closed at $34.88.

FT Vest Laddered Nasdaq Buffer ETF Stock Up 1.5%

The stock has a 50 day moving average of $35.01 and a 200 day moving average of $33.90. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Arkadios Wealth Advisors boosted its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 2.2% during the second quarter. Arkadios Wealth Advisors now owns 15,875 shares of the company’s stock valued at $527,000 after purchasing an additional 338 shares in the last quarter. Prism Advisors Inc. raised its holdings in FT Vest Laddered Nasdaq Buffer ETF by 0.3% in the 3rd quarter. Prism Advisors Inc. now owns 169,208 shares of the company’s stock valued at $5,895,000 after buying an additional 577 shares during the last quarter. Twin Peaks Wealth Advisors LLC raised its holdings in FT Vest Laddered Nasdaq Buffer ETF by 2.5% in the 2nd quarter. Twin Peaks Wealth Advisors LLC now owns 96,488 shares of the company’s stock valued at $3,303,000 after buying an additional 2,333 shares during the last quarter. Transcend Capital Advisors LLC boosted its position in FT Vest Laddered Nasdaq Buffer ETF by 66.4% during the 3rd quarter. Transcend Capital Advisors LLC now owns 11,835 shares of the company’s stock worth $412,000 after buying an additional 4,723 shares during the period. Finally, Nations Financial Group Inc. IA ADV grew its holdings in FT Vest Laddered Nasdaq Buffer ETF by 32.6% during the 3rd 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 last quarter.

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.