FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) Hits New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $61.51 and last traded at $61.49, with a volume of 556 shares trading hands. The stock had previously closed at $61.24.

FT Vest U.S. Equity Buffer ETF – June Price Performance

The company’s fifty day simple moving average is $60.05 and its two-hundred day simple moving average is $58.72. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 24.70 and a beta of 0.59.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – June

Several hedge funds and other institutional investors have recently made changes to their positions in FJUN. Barclays PLC bought a new stake in FT Vest U.S. Equity Buffer ETF – June during the 4th quarter worth approximately $66,000. Compass Financial Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – June in the second quarter worth approximately $200,000. HRT Financial LP bought a new position in shares of FT Vest U.S. Equity Buffer ETF – June in the fourth quarter valued at approximately $222,000. Kovack Advisors Inc. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – June in the fourth quarter valued at approximately $226,000. Finally, VVR Holdings LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – June during the fourth quarter valued at approximately $250,000.

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

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.