FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $55.85 and last traded at $55.85, with a volume of 4309 shares traded. The stock had previously closed at $55.74.

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

The company’s 50 day moving average is $53.68 and its two-hundred day moving average is $53.17. The firm has a market cap of $1.06 billion, a P/E ratio of 24.22 and a beta of 0.63.

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

A number of hedge funds have recently modified their holdings of the company. 1ST Source Bank acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter worth approximately $1,635,000. Envestnet Asset Management Inc. raised its stake in FT Vest U.S. Equity Buffer ETF – August by 403.1% during the third quarter. Envestnet Asset Management Inc. now owns 575,155 shares of the company’s stock worth $29,856,000 after acquiring an additional 460,825 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 7.9% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 211,087 shares of the company’s stock valued at $10,958,000 after purchasing an additional 15,420 shares in the last quarter. Assetmark Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 15.2% in the 4th quarter. Assetmark Inc. now owns 243,858 shares of the company’s stock worth $12,912,000 after purchasing an additional 32,225 shares during the last quarter. Finally, REAP Financial Group LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – August by 8.3% during the 3rd quarter. REAP Financial Group LLC now owns 126,961 shares of the company’s stock valued at $6,591,000 after purchasing an additional 9,712 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – August Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – August (FAUG) 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. FAUG was launched on Nov 6, 2019 and is managed by First Trust.