FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Hits New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) hit a new 52-week high during trading on Wednesday . The company traded as high as $57.48 and last traded at $57.47, with a volume of 17308 shares changing hands. The stock had previously closed at $57.44.

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

The company’s fifty day moving average is $56.54 and its two-hundred day moving average is $54.75. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63.

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

Several large investors have recently made changes to their positions in FAUG. Raymond James Financial Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 19.8% in the third quarter. Raymond James Financial Inc. now owns 333,023 shares of the company’s stock worth $17,287,000 after acquiring an additional 54,928 shares during the period. Assetmark Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – August by 11.2% during the first quarter. Assetmark Inc. now owns 271,086 shares of the company’s stock valued at $14,038,000 after purchasing an additional 27,228 shares during the period. Wealthcare Advisory Partners LLC lifted its position in FT Vest U.S. Equity Buffer ETF – August by 4.6% during the second quarter. Wealthcare Advisory Partners LLC now owns 245,697 shares of the company’s stock valued at $13,883,000 after purchasing an additional 10,726 shares during the period. Kestra Advisory Services LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – August by 18.3% in the first 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 during the last quarter. Finally, MML Investors Services LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – August by 1.8% in the fourth quarter. MML Investors Services LLC now owns 71,404 shares of the company’s stock valued at $3,781,000 after purchasing an additional 1,239 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.