FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Hits New 12-Month High – Here’s What Happened
by Teresa Graham · The Cerbat GemShares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $54.75 and last traded at $54.75, with a volume of 14298 shares traded. The stock had previously closed at $54.71.
FT Vest U.S. Equity Buffer ETF – August Trading Down 0.3%
The stock’s 50-day moving average is $52.91 and its 200-day moving average is $52.75. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63.
Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – August
A number of institutional investors have recently added to or reduced their stakes in FAUG. Wells Fargo & Company MN bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at $47,000. Anfield Capital Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter valued at $55,000. Creative Financial Designs Inc. ADV boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 171.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,348 shares of the company’s stock valued at $122,000 after purchasing an additional 1,482 shares during the last quarter. Great Diamond Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at $204,000. Finally, LVZ Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at $207,000.
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.