Janney Montgomery Scott LLC Reduces Investment in FT Vest U.S. Equity Deep Buffer ETF – June

Janney Montgomery Scott LLC has reduced its stake in the FT Vest U.S. Equity Deep Buffer ETF – June (BATS:DJUN) by 29.1% during the fourth quarter, as revealed in its latest 13F filing with the Securities and Exchange Commission (SEC). Following this change, the fund now holds 10,365 shares of the ETF after selling 4,257 shares during the quarter. Its current ownership accounts for 0.23% of the FT Vest U.S. Equity Deep Buffer ETF – June, amounting to a value of approximately $449,000.

In addition, several other hedge funds have also made adjustments to their positions in DJUN recently. Truist Financial Corp increased its investment in the FT Vest U.S. Equity Deep Buffer ETF – June by 22.9% during the second quarter, now owning 21,695 shares valued at $887,000, after buying an additional 4,041 shares last quarter. CWM LLC saw a significant increase of 194.4% in its stake during the third quarter, bringing its total shares to 62,271, worth $2,650,000 after acquiring 41,122 more shares. Meanwhile, NBC Securities Inc. grew its holding by 53.2%, now possessing 1,296 shares valued at $55,000, and Echo Wealth Management LLC took a new position worth $220,000. Finally, Integrity Financial Corp WA lifted its stake by 27.5%, acquiring an additional 4,620 shares to bring their total to 21,429 shares, valued at $912,000.

FT Vest U.S. Equity Deep Buffer ETF – June Performance Overview

On Monday, FT Vest U.S. Equity Deep Buffer ETF – June opened with a price of $44.05. The ETF boasts a market capitalization of $202.61 million, a price-to-earnings (PE) ratio of 24.09, and a beta of 0.52. The fund’s 50-day simple moving average stands at $43.75, while its 200-day simple moving average is $42.73.

Profile of FT Vest U.S. Equity Deep Buffer ETF – June

The FT Cboe Vest U.S. Equity Deep Buffer ETF – June (DJUN) is an actively-managed exchange-traded fund that aims to provide buffered losses and capped gains based on movements in the S&P 500 index. It holds a combination of options and collateral to execute this strategy. DJUN was launched on June 19, 2020, and is managed by First Trust.

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