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

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

FT Vest U.S. Equity Buffer ETF – August Trading Down 0.0%

The company has a market cap of $1.08 billion, a P/E ratio of 24.22 and a beta of 0.63. The business’s 50 day simple moving average is $56.09 and its 200 day simple moving average is $54.23.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – August

Several institutional investors and hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – August by 19.8% in the 3rd quarter. Raymond James Financial Inc. now owns 333,023 shares of the company’s stock worth $17,287,000 after buying an additional 54,928 shares during the period. Assetmark Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 11.2% during the first quarter. Assetmark Inc. now owns 271,086 shares of the company’s stock valued at $14,038,000 after acquiring an additional 27,228 shares during the period. Wealthcare Advisory Partners LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 4.6% in the second quarter. Wealthcare Advisory Partners LLC now owns 245,697 shares of the company’s stock valued at $13,883,000 after acquiring an additional 10,726 shares in the last quarter. MBL Wealth LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 25.0% in the fourth quarter. MBL Wealth LLC now owns 162,525 shares of the company’s stock worth $8,606,000 after acquiring an additional 32,455 shares during the period. Finally, Kestra Advisory Services LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – August by 18.3% during 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.

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

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.