FT Vest Laddered Deep Buffer ETF (BATS:BUFD) Trading Down 1% – Should You Sell?

Shares of FT Vest Laddered Deep Buffer ETF (BATS:BUFD) fell 1% on Wednesday . The company traded as low as $25.57 and last traded at $25.20. 264,840 shares changed hands during trading, an increase of 30% from the average session volume of 204,004 shares. The stock had previously closed at $25.46.

FT Vest Laddered Deep Buffer ETF Price Performance

The stock has a market cap of $1.23 billion, a PE ratio of 26.18 and a beta of 0.40. The company has a 50-day simple moving average of $25.62 and a 200-day simple moving average of $25.43.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Avior Wealth Management LLC increased its position in FT Vest Laddered Deep Buffer ETF by 18.1% during the fourth quarter. Avior Wealth Management LLC now owns 3,850 shares of the company’s stock worth $98,000 after acquiring an additional 590 shares during the period. Private Trust Co. NA grew its position in FT Vest Laddered Deep Buffer ETF by 7.0% in the 3rd quarter. Private Trust Co. NA now owns 6,354 shares of the company’s stock worth $159,000 after purchasing an additional 416 shares during the last quarter. Edge Capital Group LLC bought a new position in shares of FT Vest Laddered Deep Buffer ETF during the 4th quarter worth about $215,000. JPMorgan Chase & Co. raised its position in shares of FT Vest Laddered Deep Buffer ETF by 11,358.0% during the third quarter. JPMorgan Chase & Co. now owns 11,458 shares of the company’s stock valued at $287,000 after buying an additional 11,358 shares during the last quarter. Finally, Symphony Financial Services Inc. bought a new stake in shares of FT Vest Laddered Deep Buffer ETF in the fourth quarter valued at about $325,000.

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.