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

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)’s share price hit a new 52-week high during mid-day trading on Monday. The stock traded as high as $58.17 and last traded at $58.1640, with a volume of 6693 shares changing hands. The stock had previously closed at $57.93.

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

The stock’s 50-day moving average is $57.52 and its 200 day moving average is $55.94. The stock has a market capitalization of $1.11 billion, a PE ratio of 24.22 and a beta of 0.63.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – August

Several hedge funds have recently made changes to their positions in FAUG. Ameritas Advisory Services LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – August by 176.4% during the second quarter. Ameritas Advisory Services LLC now owns 44,969 shares of the company’s stock worth $2,541,000 after acquiring an additional 28,702 shares during the last quarter. Assetmark Inc. raised its position in FT Vest U.S. Equity Buffer ETF – August by 11.2% in the 1st quarter. Assetmark Inc. now owns 271,086 shares of the company’s stock valued at $14,038,000 after purchasing an additional 27,228 shares during the last quarter. Envestnet Asset Management Inc. raised its position in FT Vest U.S. Equity Buffer ETF – August by 15.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 183,714 shares of the company’s stock valued at $10,381,000 after purchasing an additional 25,052 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – August by 18.3% during the 1st quarter. Kestra Advisory Services LLC now owns 112,826 shares of the company’s stock worth $5,842,000 after purchasing an additional 17,488 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter worth $646,000.

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.