Janney Montgomery Scott LLC Decreases Position in FT Vest Buffered Allocation Defensive ETF $BUFT

Janney Montgomery Scott LLC trimmed its position in shares of FT Vest Buffered Allocation Defensive ETF (BATS:BUFT) by 6.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,105 shares of the company’s stock after selling 661 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.20% of FT Vest Buffered Allocation Defensive ETF worth $238,000 at the end of the most recent reporting period.

Separately, OLD Mission Capital LLC purchased a new stake in FT Vest Buffered Allocation Defensive ETF during the first quarter worth $831,000.

FT Vest Buffered Allocation Defensive ETF Stock Performance

BUFT opened at $24.22 on Tuesday. The company has a market cap of $121.08 million, a price-to-earnings ratio of 24.87 and a beta of 0.35. FT Vest Buffered Allocation Defensive ETF has a one year low of $20.74 and a one year high of $23.78. The business’s fifty day moving average is $24.06 and its two-hundred day moving average is $23.38.

FT Vest Buffered Allocation Defensive ETF Profile

The FT Cboe Vest Buffered Allocation Defensive ETF (BUFT) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund is an actively-managed fund-of-funds that allocates exposure to defined outcome buffer ETFs referencing the SPY. BUFT was launched on Oct 26, 2021 and is managed by First Trust.