FT Vest Laddered Buffer ETF (BATS:BUFR) Hits New 12-Month High – Still a Buy?

Shares of FT Vest Laddered Buffer ETF (BATS:BUFR) hit a new 52-week high during trading on Wednesday . The company traded as high as $35.13 and last traded at $35.12, with a volume of 1439108 shares trading hands. The stock had previously closed at $34.91.

FT Vest Laddered Buffer ETF Stock Up 0.6%

The stock has a market cap of $7.59 billion, a price-to-earnings ratio of 24.43 and a beta of 0.61. The business’s 50 day simple moving average is $34.28 and its 200 day simple moving average is $34.07.

Institutional Trading of FT Vest Laddered Buffer ETF

A number of large investors have recently added to or reduced their stakes in BUFR. Holos Integrated Wealth LLC acquired a new stake in FT Vest Laddered Buffer ETF in the fourth quarter valued at $20,248,000. Cambridge Investment Research Advisors Inc. lifted its stake in FT Vest Laddered Buffer ETF by 14.7% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,262,912 shares of the company’s stock valued at $111,787,000 after acquiring an additional 418,781 shares during the last quarter. Tidemark LLC acquired a new stake in FT Vest Laddered Buffer ETF in the fourth quarter valued at $9,792,000. Keystone Financial Group lifted its stake in FT Vest Laddered Buffer ETF by 226.6% in the fourth quarter. Keystone Financial Group now owns 379,123 shares of the company’s stock valued at $12,989,000 after acquiring an additional 263,039 shares during the last quarter. Finally, IHT Wealth Management LLC lifted its stake in FT Vest Laddered Buffer ETF by 9.5% in the fourth quarter. IHT Wealth Management LLC now owns 1,679,663 shares of the company’s stock valued at $57,545,000 after acquiring an additional 145,631 shares during 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.