FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Hits New 1-Year High – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) hit a new 52-week high during trading on Monday . The company traded as high as $56.42 and last traded at $56.42, with a volume of 209694 shares traded. The stock had previously closed at $56.04.

FT Vest U.S. Equity Buffer ETF – August Stock Up 0.0%

The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. The company’s fifty day moving average is $55.41 and its 200 day moving average is $53.79.

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

Several hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of FT Vest U.S. Equity Buffer ETF – August by 283.1% in the second quarter. JPMorgan Chase & Co. now owns 10,011 shares of the company’s stock valued at $491,000 after acquiring an additional 7,398 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter worth approximately $296,000. NewEdge Advisors LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – August by 1.1% during the 2nd quarter. NewEdge Advisors LLC now owns 35,362 shares of the company’s stock worth $1,734,000 after purchasing an additional 394 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter worth approximately $776,000. Finally, Jane Street Group LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter worth approximately $1,021,000.

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.