American Trust Takes $474,000 Position in FT Vest Buffered Allocation Growth ETF $BUFG

American Trust purchased a new position in shares of FT Vest Buffered Allocation Growth ETF (BATS:BUFG) in the second quarter, HoldingsChannel reports. The firm purchased 18,562 shares of the company’s stock, valued at approximately $474,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of BUFG. Arkadios Wealth Advisors purchased a new stake in FT Vest Buffered Allocation Growth ETF in the 2nd quarter valued at about $215,000. OLD Mission Capital LLC acquired a new stake in shares of FT Vest Buffered Allocation Growth ETF during the first quarter valued at about $338,000. Finally, Transcend Capital Advisors LLC raised its stake in shares of FT Vest Buffered Allocation Growth ETF by 49.7% in the 2nd quarter. Transcend Capital Advisors LLC now owns 75,005 shares of the company’s stock valued at $1,916,000 after acquiring an additional 24,894 shares during the period.

FT Vest Buffered Allocation Growth ETF Stock Performance

Shares of BUFG stock opened at $27.42 on Tuesday. The firm has a market cap of $287.86 million, a P/E ratio of 25.02 and a beta of 0.69. The firm’s 50 day moving average price is $27.12 and its 200-day moving average price is $26.38. FT Vest Buffered Allocation Growth ETF has a one year low of $21.73 and a one year high of $26.03.

About FT Vest Buffered Allocation Growth ETF

The FT Cboe Vest Buffered Allocation Growth ETF (BUFG) 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. BUFG was launched on Oct 26, 2021 and is managed by First Trust.