FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Reaches New 52-Week High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL)’s stock price reached a new 52-week high on Monday . The company traded as high as $54.60 and last traded at $56.36, with a volume of 28679 shares. The stock had previously closed at $54.5816.

FT Vest U.S. Equity Buffer ETF – July Stock Up 3.0%

The firm has a market cap of $1.13 billion, a price-to-earnings ratio of 24.56 and a beta of 0.63. The company’s 50-day moving average price is $55.52 and its 200-day moving average price is $54.36.

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

A number of hedge funds have recently made changes to their positions in the company. Keystone Wealth Services LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – July by 2.8% in the second quarter. Keystone Wealth Services LLC now owns 82,113 shares of the company’s stock worth $4,248,000 after acquiring an additional 2,200 shares during the last quarter. Grant Private Wealth Management Inc purchased a new position in FT Vest U.S. Equity Buffer ETF – July in the 2nd quarter valued at $484,000. Abound Wealth Management acquired a new stake in FT Vest U.S. Equity Buffer ETF – July during the 2nd quarter worth $26,000. Janney Montgomery Scott LLC grew its holdings 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 worth $2,849,000 after buying an additional 736 shares in the last quarter. Finally, MGO One Seven LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – July during the second quarter worth $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.