FT Vest Laddered Buffer ETF (BATS:BUFR) Reaches New 12-Month High – Should You Buy?

FT Vest Laddered Buffer ETF (BATS:BUFR)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $36.38 and last traded at $36.36, with a volume of 817166 shares. The stock had previously closed at $36.27.

FT Vest Laddered Buffer ETF Stock Performance

The firm has a market capitalization of $7.85 billion, a P/E ratio of 24.43 and a beta of 0.61. The company has a 50-day moving average price of $35.05 and a 200-day moving average price of $34.52.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Mascagni Wealth Management Inc. boosted its position in shares of FT Vest Laddered Buffer ETF by 1.1% in the 1st quarter. Mascagni Wealth Management Inc. now owns 42,744 shares of the company’s stock worth $1,443,000 after purchasing an additional 485 shares during the last quarter. Arkadios Wealth Advisors boosted its position in shares of FT Vest Laddered Buffer ETF by 99.3% in the 1st quarter. Arkadios Wealth Advisors now owns 415,315 shares of the company’s stock worth $14,025,000 after purchasing an additional 206,911 shares during the last quarter. Claris Financial LLC boosted its position in shares of FT Vest Laddered Buffer ETF by 7.4% in the 1st quarter. Claris Financial LLC now owns 37,456 shares of the company’s stock worth $1,265,000 after purchasing an additional 2,591 shares during the last quarter. Sunbelt Securities Inc. boosted its position in shares of FT Vest Laddered Buffer ETF by 62.1% in the 1st quarter. Sunbelt Securities Inc. now owns 46,708 shares of the company’s stock worth $1,577,000 after purchasing an additional 17,899 shares during the last quarter. Finally, Symphony Financial Services Inc. boosted its position in shares of FT Vest Laddered Buffer ETF by 5.5% in the 1st quarter. Symphony Financial Services Inc. now owns 491,555 shares of the company’s stock worth $16,600,000 after purchasing an additional 25,733 shares during the last quarter.

FT Vest Laddered Buffer ETF Company Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.