SMART Wealth LLC Has $3.93 Million Holdings in FT Vest U.S. Equity Buffer ETF – August $FAUG

SMART Wealth LLC cut its position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 16.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,701 shares of the company’s stock after selling 14,768 shares during the quarter. FT Vest U.S. Equity Buffer ETF – August comprises approximately 1.5% of SMART Wealth LLC’s holdings, making the stock its 16th biggest position. SMART Wealth LLC owned approximately 0.40% of FT Vest U.S. Equity Buffer ETF – August worth $3,930,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FAUG. Evolution Wealth Management Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter worth about $38,000. Wedbush Securities Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – August in the second quarter valued at approximately $220,000. Financial Network Wealth Advisors LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 135.5% in the third quarter. Financial Network Wealth Advisors LLC now owns 4,449 shares of the company’s stock valued at $231,000 after buying an additional 2,560 shares during the last quarter. Meridian Wealth Management LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter worth approximately $257,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter worth approximately $267,000.

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

Shares of FT Vest U.S. Equity Buffer ETF – August stock opened at $53.03 on Monday. The business has a fifty day simple moving average of $53.17 and a two-hundred day simple moving average of $52.12. FT Vest U.S. Equity Buffer ETF – August has a 1 year low of $41.24 and a 1 year high of $53.73. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63.

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