Pinnacle Wealth Management Advisory Group LLC Invests $691,000 in FT Vest Fund of Buffer ETFs (BATS:BUFR)

Pinnacle Wealth Management Advisory Group LLC acquired a new stake in shares of FT Vest Fund of Buffer ETFs (BATS:BUFR) during the 4th quarter, Holdings Channel reports. The fund acquired 26,000 shares of the company’s stock, valued at approximately $691,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. First Horizon Advisors Inc. raised its stake in shares of FT Vest Fund of Buffer ETFs by 151.0% in the fourth quarter. First Horizon Advisors Inc. now owns 363,589 shares of the company’s stock worth $9,661,000 after purchasing an additional 218,710 shares during the last quarter. Essex Financial Services Inc. bought a new stake in shares of FT Vest Fund of Buffer ETFs in the fourth quarter worth approximately $484,000. Cozad Asset Management Inc. purchased a new position in shares of FT Vest Fund of Buffer ETFs during the fourth quarter valued at approximately $436,000. Magnolia Capital Advisors LLC lifted its position in FT Vest Fund of Buffer ETFs by 1.1% during the fourth quarter. Magnolia Capital Advisors LLC now owns 55,351 shares of the company’s stock valued at $1,500,000 after purchasing an additional 603 shares during the period. Finally, Scissortail Wealth Management LLC purchased a new stake in FT Vest Fund of Buffer ETFs in the fourth quarter worth approximately $385,000.

FT Vest Fund of Buffer ETFs Stock Performance

BATS:BUFR remained flat at $28.09 during trading hours on Wednesday. 1,144,117 shares of the company’s stock were exchanged. The stock’s fifty day moving average price is $27.74 and its 200 day moving average price is $26.72. The stock has a market capitalization of $3.98 billion, a PE ratio of 24.41 and a beta of 0.65.

FT Vest Fund of Buffer ETFs Profile

The First Trust Cboe Vest Fund of Buffer ETFs (BUFR) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds which holds a laddered portfolio of FT Cboe Vest U.S. Equity Buffer ETFs. BUFR was launched on Aug 10, 2020 and is managed by First Trust.