FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 1-Year High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $55.61 and last traded at $55.61, with a volume of 496 shares changing hands. The stock had previously closed at $55.50.

FT Vest U.S. Equity Buffer ETF – January Trading Up 0.7%

The stock has a fifty day moving average of $55.09 and a two-hundred day moving average of $53.31. The company has a market capitalization of $1.26 billion, a PE ratio of 24.79 and a beta of 0.57.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – January by 131.4% in the 1st quarter. Cetera Investment Advisers now owns 608,364 shares of the company’s stock worth $30,668,000 after acquiring an additional 345,511 shares during the last quarter. Raymond James Financial Inc. raised its position in FT Vest U.S. Equity Buffer ETF – January by 2.1% in the 2nd quarter. Raymond James Financial Inc. now owns 582,716 shares of the company’s stock worth $27,708,000 after purchasing an additional 12,102 shares during the period. Brookstone Capital Management raised its position in FT Vest U.S. Equity Buffer ETF – January by 3.5% in the 1st quarter. Brookstone Capital Management now owns 316,622 shares of the company’s stock worth $15,961,000 after purchasing an additional 10,835 shares during the period. Assetmark Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – January by 11.1% in the first quarter. Assetmark Inc. now owns 280,123 shares of the company’s stock worth $14,121,000 after purchasing an additional 27,894 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – January by 7.5% in the fourth quarter. LPL Financial LLC now owns 250,193 shares of the company’s stock worth $12,947,000 after purchasing an additional 17,410 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – January Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.