FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Trading Up 0.4% – Should You Buy?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) shares were up 0.4% during trading on Tuesday . The stock traded as high as $31.07 and last traded at $31.07. Approximately 138,773 shares were traded during mid-day trading, The stock had previously closed at $30.96.

FT Vest Laddered Nasdaq Buffer ETF Stock Performance

The firm has a 50 day simple moving average of $30.47 and a two-hundred day simple moving average of $29.73. The stock has a market cap of $638.49 million, a P/E ratio of 31.85 and a beta of 0.62.

Institutional Investors Weigh In On FT Vest Laddered Nasdaq Buffer ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Kingswood Wealth Advisors LLC grew its holdings in FT Vest Laddered Nasdaq Buffer ETF by 81.9% during the second quarter. Kingswood Wealth Advisors LLC now owns 20,251 shares of the company’s stock worth $599,000 after acquiring an additional 9,118 shares during the period. Arkadios Wealth Advisors lifted its stake in FT Vest Laddered Nasdaq Buffer ETF by 2.8% during the second quarter. Arkadios Wealth Advisors now owns 28,788 shares of the company’s stock valued at $851,000 after purchasing an additional 787 shares during the last quarter. Finally, Prism Advisors Inc. bought a new stake in FT Vest Laddered Nasdaq Buffer ETF during the second quarter worth approximately $4,737,000.

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.