FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Stock Price Down 0.1% – Should You Sell?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ)’s stock price traded down 0.1% during mid-day trading on Friday . The company traded as low as $31.87 and last traded at $31.99. 72,992 shares changed hands during trading, The stock had previously closed at $32.01.

FT Vest Laddered Nasdaq Buffer ETF Price Performance

The firm has a 50-day moving average of $31.26 and a 200 day moving average of $30.27. The company has a market capitalization of $653.08 million, a PE ratio of 31.85 and a beta of 0.62.

Institutional Trading of FT Vest Laddered Nasdaq Buffer ETF

A hedge fund recently raised its stake in FT Vest Laddered Nasdaq Buffer ETF stock. Prism Advisors Inc. increased its stake in FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) by 26.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 202,835 shares of the company’s stock after purchasing an additional 42,569 shares during the quarter. FT Vest Laddered Nasdaq Buffer ETF accounts for 1.8% of Prism Advisors Inc.’s portfolio, making the stock its 22nd largest position. Prism Advisors Inc. owned about 0.99% of FT Vest Laddered Nasdaq Buffer ETF worth $6,156,000 as of its most recent filing with the Securities and Exchange Commission.

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.