Truist Financial Corp Reduces Stake in FT Vest U.S. Equity Buffer ETF – June

On October 13, 2024, it was reported that Truist Financial Corp has reduced its ownership in the FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) by 11.6% during the second quarter of the fiscal year. According to the latest 13F filing with the Securities and Exchange Commission, the firm now holds 31,562 shares of the ETF after selling 4,123 shares during this period. The current value of Truist's stake in FT Vest U.S. Equity Buffer ETF is approximately $1.53 million.

In addition to Truist Financial Corp, several other institutional investors have also adjusted their positions in FJUN recently. For example, Envestnet Portfolio Solutions Inc. increased its holdings in the ETF by 20.8% during the second quarter. This firm now owns 5,891 shares, which are valued at around $285,000 following the purchase of an additional 1,014 shares.

Moreover, FSB Premier Wealth Management Inc. raised its stake in the ETF by 21.1%, bringing its total to 9,562 shares worth $463,000 after adding 1,668 shares. Another firm, Concourse Financial Group Securities Inc., significantly boosted its holdings by 67.8%, resulting in a total of 10,147 shares now valued at $491,000 after acquiring 4,100 shares.

Brookstone Capital Management established a new position in FT Vest U.S. Equity Buffer ETF – June, which has an estimated value of about $544,000. Finally, Commonwealth Equity Services LLC increased its stake by 13.0%, now owning 577,433 shares worth approximately $27.95 million after securing an additional 66,419 shares in the latest quarter.

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

As of the latest data available, the FT Vest U.S. Equity Buffer ETF – June (BATS:FJUN) opened at $50.70. The ETF has a total market capitalization of $663.16 million and a price-to-earnings (PE) ratio of 25.29, alongside a beta of 0.70. Its 50-day and 200-day simple moving averages are recorded at $49.34 and $48.28, respectively, showing a slight increase in share price by 0.4% recently.

Overview of FT Vest U.S. Equity Buffer ETF – June

The FT Vest U.S. Equity Buffer ETF – June (FJUN) targets investments in large-cap equities and aims to achieve specific buffered losses while capping potential gains on the SPY index over a designated holding period. This actively-managed fund employs a strategy that involves both options and collateral, and it was launched on June 19, 2020, with management undertaken by First Trust.

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To discover the latest changes in hedge fund holdings for FJUN, you can check investment tracking platforms for the most up-to-date 13F filings and insider transactions.

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Truist, ETF, Financial