FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Shares Up 12% – Still a Buy?

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

FT Vest Laddered Deep Buffer ETF Price Performance

The company has a 50-day moving average of $28.26 and a two-hundred day moving average of $27.71. The company has a market capitalization of $1.42 billion, a PE ratio of 24.83 and a beta of 0.41.

Institutional Investors Weigh In On FT Vest Laddered Deep Buffer ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BUFD. Private Trust Co. NA boosted its position 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 period. Symphony Financial Services Inc. lifted its stake in shares of FT Vest Laddered Deep Buffer ETF by 12.9% during the 2nd 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 in the last quarter. IFP Advisors Inc boosted its holdings in FT Vest Laddered Deep Buffer ETF by 8.9% in the 2nd quarter. IFP Advisors Inc now owns 27,671 shares of the company’s stock worth $735,000 after buying an additional 2,265 shares during the period. Prime Capital Investment Advisors LLC purchased a new stake in FT Vest Laddered Deep Buffer ETF in the 4th quarter worth $376,000. Finally, CoreCap Advisors LLC raised its holdings in FT Vest Laddered Deep Buffer ETF by 34.8% during the fourth quarter. CoreCap Advisors LLC now owns 16,066 shares of the company’s stock valued at $454,000 after acquiring an additional 4,147 shares during the period.

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.