FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL) Hits New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – July (BATS:FJUL)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $59.07 and last traded at $59.00, with a volume of 8389 shares changing hands. The stock had previously closed at $58.89.

FT Vest U.S. Equity Buffer ETF – July Stock Up 0.1%

The stock has a 50 day simple moving average of $57.09 and a 200 day simple moving average of $56.29. The stock has a market cap of $1.19 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

A number of hedge funds have recently added to or reduced their stakes in FJUL. Raymond James Financial Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – July by 156.0% in the second quarter. Raymond James Financial Inc. now owns 1,808,552 shares of the company’s stock valued at $93,574,000 after acquiring an additional 1,102,124 shares during the period. Envestnet Asset Management Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – July by 437.4% in the third quarter. Envestnet Asset Management Inc. now owns 720,413 shares of the company’s stock valued at $39,428,000 after acquiring an additional 586,368 shares during the period. Atria Investments Inc acquired a new stake in FT Vest U.S. Equity Buffer ETF – July in the third quarter valued at approximately $6,753,000. Onyx Bridge Wealth Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – July in the third quarter valued at approximately $6,293,000. Finally, Integrity Alliance LLC. acquired a new stake in FT Vest U.S. Equity Buffer ETF – July in the fourth quarter valued at approximately $2,493,000.

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.