Concourse Financial Group Securities Inc. reduced its holdings of FT Vest Nasdaq-100 Buffer ETF – June by 52.0% in the 1st quarter, according to its recent 13F filing with the Securities & Exchange Commission. The institutional investor sold 5,058 shares, leaving them with 4,676 shares valued at $119,000.
Other hedge funds also made changes to their positions in QJUN. PFG Investments LLC acquired a new stake worth $204,000, while Consolidated Portfolio Review Corp, Capital CS Group LLC, Principle Wealth Partners LLC, and RFG Advisory LLC all acquired new positions ranging from $204,000 to $263,000.
Shares of QJUN opened at $27.08 on Wednesday, with a market cap of $342.56 million, a P/E ratio of 33.16, and a beta of 0.79. The stock’s 50-day moving average is $26.23, and its 200-day moving average is $25.35.
The FT Cboe Vest Nasdaq-100 Buffer ETF – June (QJUN) is an exchange-traded fund based on the NASDAQ 100 – USD index. Launched on Jun 18, 2021, the fund aims to provide specific buffered losses and capped gains on QQQ ETF over a set holding period. Managed by First Trust, the fund holds options and collateral.