FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Stock Jumps 0.4% – What’s Next?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) shares shot up 0.4% during mid-day trading on Monday. The company traded as high as $40.94 and last traded at $40.93. Approximately 179,682 shares were traded during trading, an increase of 4% from the average session volume of 172,735 shares. The stock had previously closed at $40.76.

FT Vest Laddered Nasdaq Buffer ETF Price Performance

The stock’s 50-day moving average price is $39.77 and its 200 day moving average price is $38.67. The firm has a market capitalization of $1.21 billion, a PE ratio of 30.39 and a beta of 0.72.

Hedge Funds Weigh In On FT Vest Laddered Nasdaq Buffer ETF

Several institutional investors have recently bought and sold shares of BUFQ. Parallel Advisors LLC purchased a new stake in FT Vest Laddered Nasdaq Buffer ETF during the first quarter valued at approximately $64,000. Claris Financial LLC boosted its position in shares of FT Vest Laddered Nasdaq Buffer ETF by 7.6% in the 1st quarter. Claris Financial LLC now owns 34,829 shares of the company’s stock worth $1,230,000 after purchasing an additional 2,449 shares in the last quarter. Prism Advisors Inc. boosted its stake in FT Vest Laddered Nasdaq Buffer ETF by 16.3% in the 1st quarter. Prism Advisors Inc. now owns 166,188 shares of the company’s stock worth $5,870,000 after purchasing an additional 23,340 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 28.7% during the first quarter. Janney Montgomery Scott LLC now owns 76,895 shares of the company’s stock worth $2,716,000 after buying an additional 17,135 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.