FT Vest Laddered Buffer ETF (BATS:BUFR) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

FT Vest Laddered Buffer ETF (BATS:BUFR) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $37.53 and traded as high as $37.72. FT Vest Laddered Buffer ETF shares last traded at $37.65, with a volume of 1,339,322 shares trading hands.

FT Vest Laddered Buffer ETF Price Performance

The company has a market cap of $8.13 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61. The firm’s 50 day simple moving average is $37.53 and its 200-day simple moving average is $35.98.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New Hampshire grew its holdings in shares of FT Vest Laddered Buffer ETF by 31.6% during the third quarter. Bank of New Hampshire now owns 1,145 shares of the company’s stock worth $43,000 after buying an additional 275 shares during the last quarter. Farmers & Merchants Investments Inc. acquired a new stake in shares of FT Vest Laddered Buffer ETF in the 3rd quarter valued at approximately $56,000. MTM Investment Management LLC lifted its holdings in shares of FT Vest Laddered Buffer ETF by 138.3% in the 1st quarter. MTM Investment Management LLC now owns 7,150 shares of the company’s stock valued at $241,000 after buying an additional 4,150 shares during the period. Compass Financial Management LLC purchased a new stake in shares of FT Vest Laddered Buffer ETF in the second quarter valued at approximately $554,000. Finally, Parallel Advisors LLC boosted its stake in shares of FT Vest Laddered Buffer ETF by 546.4% in the first quarter. Parallel Advisors LLC now owns 16,800 shares of the company’s stock valued at $567,000 after buying an additional 14,201 shares in the last quarter.

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.