FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC trimmed its holdings in FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) by 1.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 50,175 shares of the company’s stock after selling 596 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in FT Vest Buffered Allocation Defensive ETF were worth $1,109,000 at the end of the most recent reporting period.

FT Vest Buffered Allocation Defensive ETF Stock Up 0.2 %

BUFT opened at $22.44 on Monday. The firm has a market capitalization of $112.21 million, a price-to-earnings ratio of 23.04 and a beta of 0.42. The stock’s fifty day simple moving average is $22.27 and its 200-day simple moving average is $22.02.

FT Vest Buffered Allocation Defensive ETF Profile

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFT was launched on Oct 26, 2021 and is managed by First Trust.