FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Reaches New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) shares hit a new 52-week high on Monday . The company traded as high as $54.60 and last traded at $56.3550, with a volume of 28679 shares changing hands. The stock had previously closed at $54.5816.

FT Vest U.S. Equity Buffer ETF – July Trading Up 3.2%

The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 24.56 and a beta of 0.63. The stock’s 50 day moving average is $55.98 and its two-hundred day moving average is $54.80.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – July

A number of large investors have recently modified their holdings of FJUL. Triumph Capital Management bought a new position in FT Vest U.S. Equity Buffer ETF – July in the third quarter valued at approximately $44,000. Financial Network Wealth Advisors LLC raised its position in FT Vest U.S. Equity Buffer ETF – July by 48.9% during the third quarter. Financial Network Wealth Advisors LLC now owns 2,982 shares of the company’s stock worth $163,000 after acquiring an additional 979 shares in the last quarter. Avidian Wealth Enterprises LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – July in the fourth quarter valued at $200,000. Transcend Capital Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – July in the 3rd quarter valued at about $204,000. Finally, Private Advisor Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – July during the 3rd quarter worth about $205,000.

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.