Beacon Financial Group Cuts Holdings in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Beacon Financial Group lessened its position in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 9.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 35,496 shares of the company’s stock after selling 3,566 shares during the period. Beacon Financial Group owned approximately 0.25% of FT Vest U.S. Equity Buffer ETF – August worth $1,652,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Capital Wealth Partners LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – August in the third quarter valued at about $8,782,000. CreativeOne Wealth LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter valued at about $8,541,000. WealthPlan Investment Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter valued at about $7,618,000. Raymond James & Associates lifted its position in FT Vest U.S. Equity Buffer ETF – August by 12.8% during the 3rd quarter. Raymond James & Associates now owns 115,855 shares of the company’s stock worth $5,300,000 after acquiring an additional 13,165 shares in the last quarter. Finally, Clear Creek Financial Management LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter worth approximately $5,197,000.

FT Vest U.S. Equity Buffer ETF – August Stock Up 2.6 %

Shares of FT Vest U.S. Equity Buffer ETF – August stock opened at $47.60 on Wednesday. The firm has a market capitalization of $666.46 million, a P/E ratio of 24.05 and a beta of 0.65. The firm’s fifty day simple moving average is $47.05 and its 200-day simple moving average is $46.01.

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.