FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Hits New 12-Month High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $61.63 and last traded at $61.6210, with a volume of 6250 shares traded. The stock had previously closed at $61.13.

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

The stock has a fifty day moving average price of $60.75 and a two-hundred day moving average price of $58.76. The company has a market cap of $1.24 billion, a P/E ratio of 24.56 and a beta of 0.63.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – July

A number of hedge funds have recently bought and sold shares of FJUL. CoreCap Advisors LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – July by 2.5% in the second quarter. CoreCap Advisors LLC now owns 13,645 shares of the company’s stock worth $812,000 after buying an additional 331 shares in the last quarter. HighTower Advisors LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – July by 3.0% during the fourth quarter. HighTower Advisors LLC now owns 29,316 shares of the company’s stock valued at $1,639,000 after buying an additional 841 shares during the period. Integrated Wealth Concepts LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – July during the second quarter worth about $56,000. RFG Advisory LLC increased its stake in FT Vest U.S. Equity Buffer ETF – July by 7.6% in the 1st quarter. RFG Advisory LLC now owns 15,825 shares of the company’s stock worth $866,000 after acquiring an additional 1,113 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – July by 32.8% in the 1st quarter. Private Advisor Group LLC now owns 5,339 shares of the company’s stock valued at $292,000 after acquiring an additional 1,320 shares in the last quarter.

About FT Vest U.S. Equity Buffer ETF – July

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.