FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Hits New 1-Year High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) hit a new 52-week high during trading on Monday . The stock traded as high as $50.0245 and last traded at $52.17, with a volume of 25712 shares traded. The stock had previously closed at $49.9051.

FT Vest U.S. Equity Buffer ETF – January Stock Performance

The stock’s fifty day moving average price is $51.21 and its 200-day moving average price is $49.92. The firm has a market cap of $1.17 billion, a PE ratio of 24.79 and a beta of 0.57.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – January

Several hedge funds and other institutional investors have recently bought and sold shares of FJAN. MAI Capital Management acquired a new stake in FT Vest U.S. Equity Buffer ETF – January in the third quarter valued at $46,000. Geneos Wealth Management Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – January during the first quarter worth about $48,000. Triumph Capital Management purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – January in the third quarter valued at about $150,000. Global Retirement Partners LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 91.3% in the third quarter. Global Retirement Partners LLC now owns 3,157 shares of the company’s stock valued at $158,000 after purchasing an additional 1,507 shares in the last quarter. Finally, TruNorth Capital Management LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – January by 537.0% in the third quarter. TruNorth Capital Management LLC now owns 3,185 shares of the company’s stock valued at $160,000 after purchasing an additional 2,685 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – January Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.