Wedbush Securities Inc. Takes $220,000 Position in FT Vest U.S. Equity Buffer ETF – August $FAUG

Wedbush Securities Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,480 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FAUG. Cetera Investment Advisers lifted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 14.2% during the 1st quarter. Cetera Investment Advisers now owns 355,399 shares of the company’s stock worth $16,166,000 after buying an additional 44,084 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 1.7% during the second quarter. Wealthcare Advisory Partners LLC now owns 195,667 shares of the company’s stock worth $9,594,000 after buying an additional 3,193 shares in the last quarter. Assetmark Inc. grew its position in FT Vest U.S. Equity Buffer ETF – August by 32.1% during the second quarter. Assetmark Inc. now owns 188,985 shares of the company’s stock valued at $9,266,000 after acquiring an additional 45,899 shares during the period. CreativeOne Wealth LLC increased its position in shares of FT Vest U.S. Equity Buffer ETF – August by 2.5% during the first quarter. CreativeOne Wealth LLC now owns 160,424 shares of the company’s stock worth $7,297,000 after acquiring an additional 3,852 shares during the last quarter. Finally, MBL Wealth LLC raised its stake in FT Vest U.S. Equity Buffer ETF – August by 1.2% during the second quarter. MBL Wealth LLC now owns 127,812 shares of the company’s stock valued at $6,267,000 after buying an additional 1,477 shares in the last quarter.

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

Shares of FAUG stock opened at $51.97 on Friday. The stock has a fifty day moving average of $51.88 and a two-hundred day moving average of $49.77. The firm has a market capitalization of $988.97 million, a PE ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a 1 year low of $41.24 and a 1 year high of $50.02.

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.