FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Reaches New 1-Year High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) shares reached a new 52-week high on Thursday . The stock traded as high as $61.61 and last traded at $61.59, with a volume of 5814 shares traded. The stock had previously closed at $61.15.

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

The stock has a market capitalization of $1.23 billion, a P/E ratio of 24.56 and a beta of 0.63. The stock’s 50-day simple moving average is $60.38 and its 200 day simple moving average is $58.35.

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

Institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – July by 156.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,808,552 shares of the company’s stock worth $93,574,000 after purchasing an additional 1,102,124 shares during the last quarter. Integrity Alliance LLC. acquired a new stake in FT Vest U.S. Equity Buffer ETF – July in the 4th quarter valued at about $2,493,000. Schulz Wealth LTD. bought a new position in FT Vest U.S. Equity Buffer ETF – July in the 2nd quarter valued at $2,006,000. Kestra Advisory Services LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – July by 32.9% in the first quarter. Kestra Advisory Services LLC now owns 108,908 shares of the company’s stock worth $5,959,000 after acquiring an additional 26,972 shares during the period. Finally, Assetmark Inc. increased its holdings in FT Vest U.S. Equity Buffer ETF – July by 10.5% in the 1st quarter. Assetmark Inc. now owns 255,851 shares of the company’s stock worth $14,000,000 after acquiring an additional 24,256 shares in the last quarter.

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.