FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $56.65 and last traded at $56.65, with a volume of 421 shares. The stock had previously closed at $56.49.

FT Vest U.S. Equity Buffer ETF – August Trading Up 0.3%

The business’s fifty day moving average price is $55.83 and its 200 day moving average price is $54.03. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the fourth quarter valued at about $47,000. Great Diamond Partners LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the fourth quarter worth about $204,000. LVZ Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the fourth quarter worth about $207,000. Private Advisor Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter valued at about $215,000. Finally, Csenge Advisory Group acquired a new position in FT Vest U.S. Equity Buffer ETF – August in 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.