FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) Share Price Crosses Above 200 Day Moving Average – Here’s Why

FT Vest Laddered Nasdaq Buffer ETF (BATS:BUFQ) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $29.86 and traded as high as $31.28. FT Vest Laddered Nasdaq Buffer ETF shares last traded at $31.22, with a volume of 122,255 shares.

FT Vest Laddered Nasdaq Buffer ETF Stock Down 0.3 %

The stock has a market cap of $641.57 million, a PE ratio of 31.85 and a beta of 0.62. The stock’s fifty day moving average price is $30.69 and its 200 day moving average price is $29.87.

Institutional Trading of FT Vest Laddered Nasdaq Buffer ETF

Large investors have recently added to or reduced their stakes in the company. Prism Advisors Inc. purchased a new position in shares of FT Vest Laddered Nasdaq Buffer ETF in the second quarter valued at $4,737,000. Kingswood Wealth Advisors LLC grew its stake in shares of FT Vest Laddered Nasdaq Buffer ETF by 81.9% in the 2nd quarter. Kingswood Wealth Advisors LLC now owns 20,251 shares of the company’s stock worth $599,000 after buying an additional 9,118 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of FT Vest Laddered Nasdaq Buffer ETF by 2.8% in the 2nd quarter. Arkadios Wealth Advisors now owns 28,788 shares of the company’s stock worth $851,000 after buying an additional 787 shares during the last quarter.

FT Vest Laddered Nasdaq Buffer ETF Company Profile

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.