FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) Stock Price Up 1.2% – Still a Buy?

FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June (BATS:XJUN) was up 1.2% during trading on Monday . The stock traded as high as $42.6689 and last traded at $43.1350. Approximately 8,263 shares traded hands during trading, a decline of 57% from the average daily volume of 19,182 shares. The stock had previously closed at $42.6072.

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

The firm’s 50 day moving average price is $42.67 and its two-hundred day moving average price is $42.10. The stock has a market cap of $167.36 million, a PE ratio of 24.99 and a beta of 0.36.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the second quarter worth $26,000. DHJJ Financial Advisors Ltd. lifted its holdings in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June by 13.8% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 4,059 shares of the company’s stock worth $167,000 after purchasing an additional 493 shares in the last quarter. Aurora Private Wealth Inc. purchased a new stake in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the 2nd quarter worth about $208,000. LVZ Inc. bought a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June in the 2nd quarter worth about $211,000. Finally, Goldman Sachs Group Inc. purchased a new position in FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June during the 1st quarter valued at about $239,000.

About FT Vest U.S. Equity Enhance & Moderate Buffer ETF – June

The FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF – June (XJUN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund seeks to outperform the SPY ETF at about 2x positive price returns while aiming for specific buffered losses and capped gains over a specific holdings period. The actively managed fund holds options and collateral. XJUN was launched on Jul 12, 2021 and is managed by First Trust.