FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $57.48 and last traded at $57.47, with a volume of 17308 shares trading hands. The stock had previously closed at $57.44.

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

The stock has a market cap of $1.10 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. The company’s 50 day simple moving average is $56.59 and its 200 day simple moving average is $54.81.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – August

Institutional investors and hedge funds have recently modified their holdings of the stock. Wells Fargo & Company MN acquired a new stake in FT Vest U.S. Equity Buffer ETF – August during the 4th quarter valued at $47,000. Great Diamond Partners LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the fourth quarter valued at $204,000. LVZ Inc. purchased a new stake in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter worth about $207,000. Private Advisor Group LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter worth about $215,000. Finally, Csenge Advisory Group acquired a new stake in FT Vest U.S. Equity Buffer ETF – August during the 4th quarter worth about $239,000.

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.