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

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) reached a new 52-week high during trading on Tuesday . The stock traded as high as $62.77 and last traded at $62.77, with a volume of 1268 shares changing hands. The stock had previously closed at $61.26.

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

The firm has a market cap of $1.12 billion, a P/E ratio of 24.70 and a beta of 0.59. The firm has a 50 day simple moving average of $60.41 and a 200 day simple moving average of $59.06.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – June

Hedge funds and other institutional investors have recently modified their holdings of the business. Cetera Investment Advisers boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – June by 24.1% in the 1st quarter. Cetera Investment Advisers now owns 255,390 shares of the company’s stock worth $14,430,000 after buying an additional 49,601 shares during the last quarter. Assetmark Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – June by 9.6% during the 1st quarter. Assetmark Inc. now owns 248,333 shares of the company’s stock worth $14,032,000 after acquiring an additional 21,833 shares in the last quarter. Kestra Advisory Services LLC grew its position in FT Vest U.S. Equity Buffer ETF – June by 3.9% in the first quarter. Kestra Advisory Services LLC now owns 130,930 shares of the company’s stock worth $7,398,000 after acquiring an additional 4,892 shares in the last quarter. BAM Wealth Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – June during the second quarter worth $5,531,000. Finally, MML Investors Services LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – June by 14.0% during the 4th quarter. MML Investors Services LLC now owns 79,087 shares of the company’s stock valued at $4,513,000 after purchasing an additional 9,687 shares during the last quarter.

About FT Vest U.S. Equity Buffer ETF – June

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.