Kingswood Wealth Advisors LLC Lowers Stake in FT Vest U.S. Equity Buffer ETF – August $FAUG

Kingswood Wealth Advisors LLC reduced its stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 59.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,179 shares of the company’s stock after selling 9,179 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $303,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in FAUG. Financial Network Wealth Advisors LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 81.6% during the first quarter. Financial Network Wealth Advisors LLC now owns 1,889 shares of the company’s stock valued at $86,000 after purchasing an additional 849 shares during the period. ORG Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the first quarter valued at about $114,000. Park Avenue Securities LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the first quarter valued at about $208,000. Wealth Management Nebraska bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the second quarter valued at about $209,000. Finally, Brown Advisory Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the first quarter valued at about $227,000.

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

FAUG stock opened at $51.28 on Friday. The business has a 50-day moving average price of $51.13 and a 200 day moving average price of $48.41. The company has a market capitalization of $975.76 million, a P/E 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 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.