FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Reaches New 1-Year High – Time to 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 $36.83 and last traded at $36.78, with a volume of 406385 shares. The stock had previously closed at $36.54.

FT Vest Laddered Nasdaq Buffer ETF Stock Performance

The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72. The business has a fifty day moving average price of $35.72 and a 200 day moving average price of $35.54.

Institutional Trading of FT Vest Laddered Nasdaq Buffer ETF

A number of institutional investors have recently added to or reduced their stakes in BUFQ. Prism Advisors Inc. boosted its position in FT Vest Laddered Nasdaq Buffer ETF by 0.3% during the 3rd quarter. Prism Advisors Inc. now owns 169,208 shares of the company’s stock worth $5,895,000 after purchasing an additional 577 shares during the period. Nations Financial Group Inc. IA ADV boosted its position 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 purchasing an additional 7,240 shares during the period. Arkadios Wealth Advisors boosted its position in FT Vest Laddered Nasdaq Buffer ETF by 17.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 18,672 shares of the company’s stock worth $651,000 after purchasing an additional 2,797 shares during the period. 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 purchasing an additional 4,723 shares during the period. Finally, Wedbush Securities Inc. purchased a new stake in FT Vest Laddered Nasdaq Buffer ETF during the 3rd quarter worth $297,000.

About FT Vest Laddered Nasdaq Buffer ETF

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.