FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Hits New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $56.33 and last traded at $56.33, with a volume of 101 shares. The stock had previously closed at $56.00.

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

The company has a market cap of $1.07 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. The business’s 50-day simple moving average is $55.02 and its 200-day simple moving average is $53.65.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – August

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. boosted 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 valued at $17,287,000 after purchasing an additional 54,928 shares during the period. Bleakley Financial Group LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the third quarter valued at $1,698,000. MBL Wealth LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 25.0% in the fourth quarter. MBL Wealth LLC now owns 162,525 shares of the company’s stock valued at $8,606,000 after purchasing an additional 32,455 shares during the period. Assetmark Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 15.2% in 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, 1ST Source Bank purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the third quarter valued at $1,635,000.

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.