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

Shares of FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) reached a new 52-week high on Tuesday . The company traded as high as $58.66 and last traded at $58.58, with a volume of 16402 shares. The stock had previously closed at $58.54.

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

The business has a 50 day moving average of $56.42 and a 200 day moving average of $56.00. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 24.56 and a beta of 0.63.

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

Institutional investors have recently made changes to their positions in the stock. Triumph Capital Management acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – July during the third quarter worth $44,000. Wells Fargo & Company MN acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – July during the fourth quarter worth $46,000. Barclays PLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – July by 48.5% during the fourth quarter. Barclays PLC now owns 3,564 shares of the company’s stock worth $199,000 after purchasing an additional 1,164 shares during the period. Avidian Wealth Enterprises LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – July during the fourth quarter worth $200,000. Finally, Transcend Capital Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – July during the third quarter worth $204,000.

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.