FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Sets New 1-Year High – What’s Next?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $55.65 and last traded at $55.60, with a volume of 8573 shares. The stock had previously closed at $55.58.

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

The company’s fifty day moving average price is $53.32 and its 200 day moving average price is $53.01. The company has a market cap of $1.06 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

Hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN bought a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the fourth quarter valued at approximately $47,000. Anfield Capital Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – August during the third quarter worth $55,000. Creative Financial Designs Inc. ADV boosted its position in FT Vest U.S. Equity Buffer ETF – August by 171.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,348 shares of the company’s stock worth $122,000 after purchasing an additional 1,482 shares during the last quarter. Great Diamond Partners LLC bought a new position in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at $204,000. Finally, LVZ Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at $207,000.

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.