FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Hits New 12-Month High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $55.26 and last traded at $55.21, with a volume of 4720 shares changing hands. The stock had previously closed at $55.04.

FT Vest U.S. Equity Buffer ETF – August Trading Down 0.0%

The stock has a market cap of $1.05 billion, a PE ratio of 24.22 and a beta of 0.63. The firm’s 50-day moving average price is $53.24 and its two-hundred day moving average price is $52.96.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – August

Several institutional investors and hedge funds have recently modified their holdings of FAUG. Wells Fargo & Company MN acquired a new position in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter worth about $47,000. Anfield Capital Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter valued at approximately $55,000. Creative Financial Designs Inc. ADV grew its stake in FT Vest U.S. Equity Buffer ETF – August by 171.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,348 shares of the company’s stock valued at $122,000 after acquiring an additional 1,482 shares during the period. Great Diamond Partners LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter worth $204,000. Finally, LVZ Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the fourth quarter worth $207,000.

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.