FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Share Price Crosses Above Fifty Day Moving Average – Should You Sell?

FT Vest Laddered Deep Buffer ETF (BATS:BUFD)’s stock price crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $30.43 and traded as high as $30.51. FT Vest Laddered Deep Buffer ETF shares last traded at $30.44, with a volume of 221,536 shares traded.

FT Vest Laddered Deep Buffer ETF Price Performance

The stock has a fifty day moving average price of $30.43 and a 200 day moving average price of $29.50. The stock has a market capitalization of $2.23 billion, a P/E ratio of 24.83 and a beta of 0.43.

Institutional Trading of FT Vest Laddered Deep Buffer ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Harbour Investments Inc. purchased a new position in FT Vest Laddered Deep Buffer ETF during the 3rd quarter valued at about $29,204,000. Wedbush Securities Inc. purchased a new stake in shares of FT Vest Laddered Deep Buffer ETF in the third quarter worth about $7,112,000. Prime Capital Investment Advisors LLC lifted its holdings in shares of FT Vest Laddered Deep Buffer ETF by 9.2% in the third quarter. Prime Capital Investment Advisors LLC now owns 1,368,409 shares of the company’s stock worth $41,559,000 after buying an additional 115,091 shares in the last quarter. Legacy Financial Group LLC lifted its holdings in shares of FT Vest Laddered Deep Buffer ETF by 3.8% in the third quarter. Legacy Financial Group LLC now owns 1,805,254 shares of the company’s stock worth $54,826,000 after buying an additional 65,649 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of FT Vest Laddered Deep Buffer ETF by 296.3% in the third quarter. Farther Finance Advisors LLC now owns 23,135 shares of the company’s stock valued at $703,000 after acquiring an additional 17,297 shares during the period.

FT Vest Laddered Deep Buffer ETF Company Profile

The FT Cboe Vest Fund of Deep Buffer ETFs (BUFD) 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 U.S. Equity Deep Buffer ETFs. BUFD was launched on Jan 20, 2021 and is managed by First Trust.