Stephens Inc. AR Purchases 227 Shares of FT Vest U.S. Equity Buffer ETF – August $FAUG

Stephens Inc. AR lifted its stake in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 0.4% during the 2nd quarter, Holdings Channel reports. The firm owned 52,303 shares of the company’s stock after acquiring an additional 227 shares during the period. Stephens Inc. AR’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $2,564,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 13.0% in the 1st quarter. LPL Financial LLC now owns 93,997 shares of the company’s stock worth $4,276,000 after purchasing an additional 10,814 shares during the last quarter. Park Avenue Securities LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 10.9% in the 2nd quarter. Park Avenue Securities LLC now owns 5,075 shares of the company’s stock worth $249,000 after purchasing an additional 500 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 11.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 486,005 shares of the company’s stock worth $22,107,000 after purchasing an additional 49,442 shares during the last quarter. Brown Advisory Inc. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 1st quarter worth $227,000. Finally, Fragasso Financial Advisors Inc boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 2.1% in the 2nd quarter. Fragasso Financial Advisors Inc now owns 41,348 shares of the company’s stock worth $2,027,000 after purchasing an additional 833 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – August Stock Up 14.1%

BATS:FAUG opened at $51.95 on Thursday. FT Vest U.S. Equity Buffer ETF – August has a 12-month low of $41.24 and a 12-month high of $50.02. The firm has a market capitalization of $988.61 million, a P/E ratio of 24.22 and a beta of 0.63. The stock’s fifty day simple moving average is $51.37 and its 200-day simple moving average is $48.78.

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