FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Sets New 1-Year High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) hit a new 52-week high on Monday . The company traded as high as $54.60 and last traded at $56.1240, with a volume of 28679 shares changing hands. The stock had previously closed at $54.5816.

FT Vest U.S. Equity Buffer ETF – July Price Performance

The stock has a market capitalization of $1.12 billion, a PE ratio of 24.56 and a beta of 0.63. The firm’s 50 day simple moving average is $55.33 and its 200 day simple moving average is $53.96.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – July

Hedge funds and other institutional investors have recently modified their holdings of the stock. Keystone Wealth Services LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – July by 2.8% during the second quarter. Keystone Wealth Services LLC now owns 82,113 shares of the company’s stock valued at $4,248,000 after purchasing an additional 2,200 shares during the period. Grant Private Wealth Management Inc purchased a new position in FT Vest U.S. Equity Buffer ETF – July during the 2nd quarter valued at about $484,000. Abound Wealth Management purchased a new stake in FT Vest U.S. Equity Buffer ETF – July in the 2nd quarter worth approximately $26,000. Janney Montgomery Scott LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – July by 1.4% during the second quarter. Janney Montgomery Scott LLC now owns 55,068 shares of the company’s stock valued at $2,849,000 after buying an additional 736 shares during the period. Finally, MGO One Seven LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the second quarter valued at approximately $344,000.

FT Vest U.S. Equity Buffer ETF – July Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – July (FJUL) 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. FJUL was launched on Jul 17, 2020 and is managed by First Trust.