MBL Wealth LLC Makes New Investment in FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN)

MBL Wealth LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) in the second quarter, Holdings Channel reports. The institutional investor bought 6,435 shares of the company’s stock, valued at approximately $311,000.

Several other hedge funds have also made changes to their positions in the business. Principal Securities Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – June during the fourth quarter worth $78,000. Centaurus Financial Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – June in the 4th quarter valued at about $100,000. Envestnet Portfolio Solutions Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – June during the 4th quarter valued at about $212,000. Echo Wealth Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – June during the first quarter worth about $273,000. Finally, Icon Wealth Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – June in the fourth quarter valued at about $427,000.

FT Vest U.S. Equity Buffer ETF – June Stock Performance

Shares of FJUN traded up $0.15 during mid-day trading on Friday, reaching $49.15. 960,457 shares of the company’s stock were exchanged. The company has a market cap of $642.88 million, a P/E ratio of 25.29 and a beta of 0.70. The stock’s 50-day simple moving average is $48.46 and its 200-day simple moving average is $47.27.

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

The FT Cboe Vest U.S. Equity Buffer ETF – June (FJUN) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on the SPY over a specific holdings period. The actively-managed fund holds options and collateral. FJUN was launched on Jun 19, 2020 and is managed by First Trust.