FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Hits New 1-Year High – Still a Buy?

Shares of FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) reached a new 52-week high during trading on Monday . The stock traded as high as $56.4999 and last traded at $57.06, with a volume of 9890 shares trading hands. The stock had previously closed at $56.4491.

FT Vest U.S. Equity Buffer ETF – June Stock Up 1.5%

The company’s 50 day moving average price is $56.36 and its two-hundred day moving average price is $55.20. The firm has a market cap of $1.06 billion, a PE ratio of 24.70 and a beta of 0.59.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – June by 74.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 462,147 shares of the company’s stock valued at $25,857,000 after acquiring an additional 196,696 shares in the last quarter. Legacy Capital Wealth Partners LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – June during the second quarter valued at about $6,603,000. Signal Advisors Wealth LLC grew its stake in FT Vest U.S. Equity Buffer ETF – June by 86.2% in the second quarter. Signal Advisors Wealth LLC now owns 226,891 shares of the company’s stock valued at $12,177,000 after purchasing an additional 105,024 shares during the last quarter. Avantra Family Wealth Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – June in the second quarter worth about $4,996,000. Finally, Osaic Holdings Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – June by 25.0% in the second quarter. Osaic Holdings Inc. now owns 210,574 shares of the company’s stock worth $11,198,000 after purchasing an additional 42,133 shares in 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.