New Wave Wealth Advisors LLC Has $2.70 Million Stock Position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

New Wave Wealth Advisors LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 28.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,005 shares of the company’s stock after buying an additional 12,896 shares during the period. FT Vest U.S. Equity Buffer ETF – August comprises approximately 1.1% of New Wave Wealth Advisors LLC’s holdings, making the stock its 22nd largest holding. New Wave Wealth Advisors LLC owned approximately 0.41% of FT Vest U.S. Equity Buffer ETF – August worth $2,700,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Marshall Financial Group LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 4.7% during the fourth quarter. Marshall Financial Group LLC now owns 6,315 shares of the company’s stock valued at $294,000 after acquiring an additional 285 shares during the period. McKinley Carter Wealth Services Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – August by 2.4% during the 3rd quarter. McKinley Carter Wealth Services Inc. now owns 14,349 shares of the company’s stock valued at $656,000 after purchasing an additional 336 shares during the period. Aptus Capital Advisors LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – August by 150.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,000 shares of the company’s stock worth $46,000 after buying an additional 600 shares during the period. Savvy Advisors Inc. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 13.0% during the third quarter. Savvy Advisors Inc. now owns 5,937 shares of the company’s stock worth $272,000 after buying an additional 685 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV acquired a new position in FT Vest U.S. Equity Buffer ETF – August in the third quarter valued at approximately $40,000.

FT Vest U.S. Equity Buffer ETF – August Trading Up 2.3 %

Shares of FAUG stock opened at $47.44 on Friday. The firm has a 50-day simple moving average of $46.97 and a 200 day simple moving average of $45.83. The company has a market capitalization of $664.16 million, a PE ratio of 24.05 and a beta of 0.65.

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