FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Sets New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $54.47 and last traded at $56.00, with a volume of 11218 shares traded. The stock had previously closed at $54.20.

FT Vest U.S. Equity Buffer ETF – June Price Performance

The stock’s 50-day moving average is $55.50 and its two-hundred day moving average is $53.11. The stock has a market cap of $1.04 billion, a P/E ratio of 24.70 and a beta of 0.59.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – June by 20.1% during the first quarter. Envestnet Asset Management Inc. now owns 547,106 shares of the company’s stock worth $27,295,000 after acquiring an additional 91,429 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – June by 9.7% during the first quarter. Commonwealth Equity Services LLC now owns 344,391 shares of the company’s stock worth $17,182,000 after acquiring an additional 30,408 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of FT Vest U.S. Equity Buffer ETF – June by 8.6% during the first quarter. Cetera Investment Advisers now owns 317,533 shares of the company’s stock worth $15,842,000 after acquiring an additional 25,256 shares during the last quarter. Signal Advisors Wealth LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – June by 86.2% during the second quarter. Signal Advisors Wealth LLC now owns 226,891 shares of the company’s stock worth $12,177,000 after acquiring an additional 105,024 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – June by 25.0% during the second quarter. Osaic Holdings Inc. now owns 210,574 shares of the company’s stock worth $11,198,000 after acquiring an additional 42,133 shares during the last quarter.

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

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.