FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Trading 12% Higher – Here’s Why

FT Vest Laddered Deep Buffer ETF (BATS:BUFD)’s share price shot up 12% during trading on Monday . The stock traded as high as $25.72 and last traded at $28.5150. 264,840 shares changed hands during trading, an increase of 20% from the average session volume of 220,380 shares. The stock had previously closed at $25.46.

FT Vest Laddered Deep Buffer ETF Trading Up 12.0%

The stock has a market cap of $1.42 billion, a PE ratio of 24.83 and a beta of 0.41. The firm has a fifty day simple moving average of $28.26 and a two-hundred day simple moving average of $27.71.

Institutional Investors Weigh In On FT Vest Laddered Deep Buffer ETF

A number of institutional investors have recently made changes to their positions in the company. Twin Peaks Wealth Advisors LLC raised its holdings in FT Vest Laddered Deep Buffer ETF by 3.5% in the 3rd quarter. Twin Peaks Wealth Advisors LLC now owns 13,653 shares of the company’s stock worth $377,000 after acquiring an additional 465 shares during the last quarter. Arkadios Wealth Advisors increased its holdings in shares of FT Vest Laddered Deep Buffer ETF by 0.9% in the 3rd quarter. Arkadios Wealth Advisors now owns 52,946 shares of the company’s stock worth $1,463,000 after purchasing an additional 480 shares in the last quarter. Private Trust Co. NA raised its stake in shares of FT Vest Laddered Deep Buffer ETF by 6.5% in the second quarter. Private Trust Co. NA now owns 10,361 shares of the company’s stock worth $275,000 after purchasing an additional 633 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of FT Vest Laddered Deep Buffer ETF during the third quarter valued at $42,000. Finally, Symphony Financial Services Inc. boosted its position in shares of FT Vest Laddered Deep Buffer ETF by 12.9% during the second quarter. Symphony Financial Services Inc. now owns 17,475 shares of the company’s stock valued at $464,000 after buying an additional 2,000 shares during the last quarter.

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.