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)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $57.48 and last traded at $57.47, with a volume of 17308 shares traded. The stock had previously closed at $57.44.

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

The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. The stock’s 50 day simple moving average is $56.54 and its 200-day simple moving average is $54.75.

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

Several hedge funds have recently made changes to their positions in the company. Wells Fargo & Company MN purchased a new position in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter worth $47,000. Great Diamond Partners LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – August during the 4th quarter worth about $204,000. LVZ Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – August during the 4th quarter worth about $207,000. Private Advisor Group LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter valued at about $215,000. Finally, Csenge Advisory Group purchased a new stake in FT Vest U.S. Equity Buffer ETF – August during the 4th quarter valued at about $239,000.

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.