FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Hits New 52-Week High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) shares hit a new 52-week high on Wednesday . The stock traded as high as $56.08 and last traded at $56.07, with a volume of 16067 shares trading hands. The stock had previously closed at $55.95.

FT Vest U.S. Equity Buffer ETF – August Stock Up 0.2%

The firm has a market cap of $1.07 billion, a PE ratio of 24.22 and a beta of 0.63. The company’s 50 day moving average price is $53.95 and its two-hundred day moving average price is $53.28.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Onyx Bridge Wealth Group LLC increased its stake in FT Vest U.S. Equity Buffer ETF – August by 1.3% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 15,071 shares of the company’s stock worth $798,000 after buying an additional 193 shares during the period. Merit Financial Group LLC increased its stake in FT Vest U.S. Equity Buffer ETF – August by 3.6% in the 4th quarter. Merit Financial Group LLC now owns 6,064 shares of the company’s stock worth $321,000 after buying an additional 209 shares during the period. CoreCap Advisors LLC increased its stake in FT Vest U.S. Equity Buffer ETF – August by 1.8% in the 4th quarter. CoreCap Advisors LLC now owns 13,892 shares of the company’s stock worth $736,000 after buying an additional 239 shares during the period. Savvy Advisors Inc. increased its stake in FT Vest U.S. Equity Buffer ETF – August by 1.6% in the 4th quarter. Savvy Advisors Inc. now owns 15,676 shares of the company’s stock worth $830,000 after buying an additional 254 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in FT Vest U.S. Equity Buffer ETF – August by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 27,128 shares of the company’s stock worth $1,436,000 after buying an additional 293 shares during the period.

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.