Sowell Financial Services LLC Acquires New Position in FT Vest U.S. Equity Buffer ETF – August $FAUG

Sowell Financial Services LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 13,818 shares of the company’s stock, valued at approximately $796,000.

A number of other institutional investors also recently modified their holdings of FAUG. Kestra Advisory Services LLC increased its stake in FT Vest U.S. Equity Buffer ETF – August by 18.3% during the 1st quarter. Kestra Advisory Services LLC now owns 112,826 shares of the company’s stock valued at $5,842,000 after purchasing an additional 17,488 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 4.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 245,697 shares of the company’s stock valued at $13,883,000 after buying an additional 10,726 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 15.8% during the second quarter. Envestnet Asset Management Inc. now owns 183,714 shares of the company’s stock valued at $10,381,000 after buying an additional 25,052 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the second quarter valued at about $646,000. Finally, Fragasso Financial Advisors Inc acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the third quarter valued at about $2,197,000.

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

BATS:FAUG opened at $57.54 on Friday. The firm has a 50-day moving average of $57.79 and a 200-day moving average of $56.56. The company has a market cap of $1.09 billion, a PE ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a one year low of $50.67 and a one year high of $58.50.

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

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.