FT Vest Laddered Small Cap Moderate Buffer ETF

BUFS

Market cap $99.2M

Despite an uptick in activity during the prior week, last week in the wake of the Memorial Day holiday saw the debut of just five new ETFs and the completion of one closure.

WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”) a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched the FT Vest Laddered Small Cap Moderate Buffer ETF (Cboe: BUFS) (the “fund”). BUFS seeks to provide equity investors with an ongoing risk management strategy by investing substantially all of its assets in a portfolio of FT Vest U.S. Small Cap Moderate Buffer ETFs (“Underlying ETFs” or “Target Outcome® Buffer ETFs”). BU.