FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Sets New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $56.88 and last traded at $56.88, with a volume of 383 shares. The stock had previously closed at $56.69.

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

The company has a 50-day moving average of $56.14 and a two-hundred day moving average of $54.28. The company has a market capitalization of $1.08 billion, a PE ratio of 24.22 and a beta of 0.63.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Wealthcare Advisory Partners LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – August by 4.6% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 245,697 shares of the company’s stock worth $13,883,000 after acquiring an additional 10,726 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in FT Vest U.S. Equity Buffer ETF – August by 2.5% during the second quarter. CoreCap Advisors LLC now owns 14,121 shares of the company’s stock valued at $798,000 after purchasing an additional 347 shares in the last quarter. Gateway Wealth Partners LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the first quarter worth approximately $345,000. Assetmark Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 11.2% in the first quarter. Assetmark Inc. now owns 271,086 shares of the company’s stock worth $14,038,000 after purchasing an additional 27,228 shares during the period. Finally, Kestra Advisory Services LLC increased its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 18.3% in the first 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 in the last quarter.

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.