FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Sets New 1-Year High – Should You Buy?

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) reached a new 52-week high on Wednesday . The company traded as high as $41.15 and last traded at $41.15, with a volume of 5808 shares trading hands. The stock had previously closed at $39.27.

FT Vest Laddered Nasdaq Buffer ETF Stock Down 0.8%

The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 30.39 and a beta of 0.72. The company’s 50-day moving average is $38.80 and its 200-day moving average is $36.94.

Hedge Funds Weigh In On FT Vest Laddered Nasdaq Buffer ETF

Hedge funds have recently modified their holdings of the stock. Claris Financial LLC acquired a new stake in FT Vest Laddered Nasdaq Buffer ETF in the 4th quarter valued at $1,160,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 80,368.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 133,577 shares of the company’s stock valued at $4,787,000 after acquiring an additional 133,411 shares during the period. Prism Advisors Inc. boosted its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 16.3% in the 1st quarter. Prism Advisors Inc. now owns 166,188 shares of the company’s stock valued at $5,870,000 after purchasing an additional 23,340 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of FT Vest Laddered Nasdaq Buffer ETF in the 1st quarter worth about $64,000. Finally, Janney Montgomery Scott LLC grew its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 56.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 59,760 shares of the company’s stock worth $2,142,000 after purchasing an additional 21,559 shares during the last quarter.

About FT Vest Laddered Nasdaq Buffer ETF

The FT Cboe Vest Fund of Nasdaq-100 Buffer ETFs (BUFQ) 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 Nasdaq-100 Buffer ETFs. BUFQ was launched on Jun 15, 2022 and is managed by First Trust.