FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Sets New 1-Year High – Here’s Why

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $36.0953 and last traded at $36.10, with a volume of 88892 shares trading hands. The stock had previously closed at $35.84.

FT Vest Laddered Nasdaq Buffer ETF Trading Up 0.9%

The firm has a 50-day simple moving average of $35.50 and a two-hundred day simple moving average of $34.66. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72.

Institutional Trading of FT Vest Laddered Nasdaq Buffer ETF

A number of institutional investors have recently added to or reduced their stakes in BUFQ. Wedbush Securities Inc. bought a new position in shares of FT Vest Laddered Nasdaq Buffer ETF in the 3rd quarter valued at approximately $297,000. Transcend Capital Advisors LLC grew its holdings in FT Vest Laddered Nasdaq Buffer ETF by 66.4% during the third quarter. Transcend Capital Advisors LLC now owns 11,835 shares of the company’s stock valued at $412,000 after purchasing an additional 4,723 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of FT Vest Laddered Nasdaq Buffer ETF by 2.2% in the second quarter. Arkadios Wealth Advisors now owns 15,875 shares of the company’s stock valued at $527,000 after purchasing an additional 338 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 132.9% in the second quarter. Janney Montgomery Scott LLC now owns 22,827 shares of the company’s stock worth $758,000 after buying an additional 13,027 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 32.6% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 29,444 shares of the company’s stock worth $1,026,000 after buying an additional 7,240 shares during the period.

About FT Vest Laddered Nasdaq Buffer ETF

The FT Cboe Vest Fund of Nasdaq-100 Buffer ETFs (BUFQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds that holds a laddered portfolio of FT Cboe Vest Nasdaq-100 Buffer ETFs. BUFQ was launched on Jun 15, 2022 and is managed by First Trust.