FT Vest Laddered Buffer ETF (BATS:BUFR) Reaches New 12-Month High – Here’s What Happened

FT Vest Laddered Buffer ETF (BATS:BUFR) hit a new 52-week high during trading on Tuesday . The stock traded as high as $37.27 and last traded at $37.26, with a volume of 569203 shares traded. The stock had previously closed at $37.02.

FT Vest Laddered Buffer ETF Stock Up 0.6%

The company’s 50-day moving average is $36.48 and its two-hundred day moving average is $35.37. The company has a market capitalization of $8.05 billion, a P/E ratio of 24.43 and a beta of 0.61.

Hedge Funds Weigh In On FT Vest Laddered Buffer ETF

A number of institutional investors have recently made changes to their positions in BUFR. Parallel Advisors LLC bought a new stake in shares of FT Vest Laddered Buffer ETF during the 4th quarter worth $89,000. Gradient Capital Advisors LLC bought a new position in FT Vest Laddered Buffer ETF in the fourth quarter valued at $219,000. Sunbelt Securities Inc. purchased a new stake in FT Vest Laddered Buffer ETF during the third quarter valued at about $227,000. MTM Investment Management LLC lifted its stake in FT Vest Laddered Buffer ETF by 138.3% during the first quarter. MTM Investment Management LLC now owns 7,150 shares of the company’s stock worth $241,000 after purchasing an additional 4,150 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in shares of FT Vest Laddered Buffer ETF in the 3rd quarter worth about $261,000.

About FT Vest Laddered Buffer ETF

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.