FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches New 52-Week High – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $57.57 and last traded at $57.56, with a volume of 5351 shares. The stock had previously closed at $57.51.

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

The firm has a market cap of $1.10 billion, a PE ratio of 24.22 and a beta of 0.63. The stock has a 50-day moving average price of $56.77 and a 200 day moving average price of $54.95.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – August

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Onyx Bridge Wealth Group LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – August by 1.3% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 15,071 shares of the company’s stock valued at $798,000 after acquiring an additional 193 shares during the period. Merit Financial Group LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – August by 3.6% during the 4th quarter. Merit Financial Group LLC now owns 6,064 shares of the company’s stock worth $321,000 after purchasing an additional 209 shares during the period. Janney Montgomery Scott LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – August by 1.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 27,128 shares of the company’s stock worth $1,436,000 after purchasing an additional 293 shares during the period. Mariner LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 2.4% in the 3rd quarter. Mariner LLC now owns 12,565 shares of the company’s stock worth $652,000 after purchasing an additional 296 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 2.6% in the 4th quarter. Orion Porfolio Solutions LLC now owns 12,665 shares of the company’s stock worth $671,000 after purchasing an additional 315 shares during the last quarter.

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.