FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Stock Crosses Above 200 Day Moving Average – What’s Next?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ)’s stock price passed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $38.28 and traded as high as $38.96. FT Vest Laddered Nasdaq Buffer ETF shares last traded at $38.85, with a volume of 166,714 shares changing hands.

FT Vest Laddered Nasdaq Buffer ETF Trading Up 1.6%

The stock has a market cap of $1.69 billion, a P/E ratio of 30.39 and a beta of 0.71. The firm’s fifty day moving average is $39.98 and its 200 day moving average is $38.30.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Harbour Investments Inc. acquired a new position in shares of FT Vest Laddered Nasdaq Buffer ETF in the 3rd quarter valued at $4,331,000. Claris Financial LLC boosted its position in shares of FT Vest Laddered Nasdaq Buffer ETF by 7.6% during the 1st quarter. Claris Financial LLC now owns 34,829 shares of the company’s stock valued at $1,230,000 after acquiring an additional 2,449 shares in the last quarter. Finally, Parallel Advisors LLC bought a new stake in FT Vest Laddered Nasdaq Buffer ETF in the first quarter valued at about $64,000.

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.