FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches New 12-Month High – Should You Buy?

Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $54.91 and last traded at $54.84, with a volume of 3676 shares trading hands. The stock had previously closed at $54.74.

FT Vest U.S. Equity Buffer ETF – August Trading Up 0.1%

The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. The company has a 50 day moving average of $53.11 and a 200 day moving average of $52.87.

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

A number of institutional investors have recently bought and sold shares of FAUG. Envestnet Asset Management Inc. grew its holdings in FT Vest U.S. Equity Buffer ETF – August by 403.1% during the 3rd 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 during the period. Stenger Family Office LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 7.9% during the 3rd quarter. Stenger Family Office LLC now owns 422,296 shares of the company’s stock valued at $21,921,000 after purchasing an additional 30,776 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 19.8% during the 3rd quarter. Raymond James Financial Inc. now owns 333,023 shares of the company’s stock valued at $17,287,000 after purchasing an additional 54,928 shares in the last quarter. Assetmark Inc. grew its stake in FT Vest U.S. Equity Buffer ETF – August by 15.2% during the fourth 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 period. Finally, Wealthcare Advisory Partners LLC grew its stake in FT Vest U.S. Equity Buffer ETF – August by 4.3% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 220,086 shares of the company’s stock worth $11,654,000 after purchasing an additional 8,999 shares during the period.

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.