FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) Sets New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – January (BATS:FJAN) hit a new 52-week high during trading on Tuesday . The company traded as high as $52.64 and last traded at $52.60, with a volume of 6304 shares trading hands. The stock had previously closed at $52.25.

FT Vest U.S. Equity Buffer ETF – January Stock Up 0.1%

The business’s 50-day simple moving average is $51.46 and its 200 day simple moving average is $51.24. The firm has a market capitalization of $1.18 billion, a P/E ratio of 24.79 and a beta of 0.57.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of FJAN. MAI Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – January during the third quarter valued at approximately $46,000. Geneos Wealth Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – January during the first quarter valued at approximately $48,000. Triumph Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – January during the third quarter valued at approximately $150,000. Global Retirement Partners LLC grew its position in FT Vest U.S. Equity Buffer ETF – January by 91.3% during the third quarter. Global Retirement Partners LLC now owns 3,157 shares of the company’s stock valued at $158,000 after acquiring an additional 1,507 shares during the last quarter. Finally, TruNorth Capital Management LLC grew its position in FT Vest U.S. Equity Buffer ETF – January by 537.0% during the third quarter. TruNorth Capital Management LLC now owns 3,185 shares of the company’s stock valued at $160,000 after acquiring an additional 2,685 shares during the last quarter.

About FT Vest U.S. Equity Buffer ETF – January

The FT Cboe Vest U.S. Equity Buffer ETF – January (FJAN) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FJAN was launched on Jan 15, 2021 and is managed by First Trust.