FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches New 1-Year High – Time to Buy?

Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $56.08 and last traded at $56.07, with a volume of 16067 shares trading hands. The stock had previously closed at $55.95.

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

The stock’s fifty day simple moving average is $54.09 and its 200-day simple moving average is $53.33. The company has a market capitalization of $1.07 billion, a P/E ratio of 24.22 and a beta of 0.63.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. 1ST Source Bank acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the third quarter worth approximately $1,635,000. Wealthcare Advisory Partners LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – August by 7.9% during the third quarter. Wealthcare Advisory Partners LLC now owns 211,087 shares of the company’s stock valued at $10,958,000 after purchasing an additional 15,420 shares during the period. Envestnet Asset Management Inc. increased its position in shares of FT Vest U.S. Equity Buffer ETF – August by 403.1% during the third quarter. Envestnet Asset Management Inc. now owns 575,155 shares of the company’s stock valued at $29,856,000 after purchasing an additional 460,825 shares during the period. Assetmark Inc. increased its position in shares of 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 valued at $12,912,000 after purchasing an additional 32,225 shares during the period. Finally, CreativeOne Wealth LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – August by 20.6% during the third quarter. CreativeOne Wealth LLC now owns 59,091 shares of the company’s stock valued at $3,067,000 after purchasing an additional 10,105 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.