FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Sets New 52-Week High – Here’s What Happened

Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) reached a new 52-week high during trading on Thursday . The stock traded as high as $54.91 and last traded at $54.84, with a volume of 3676 shares changing hands. The stock had previously closed at $54.74.

FT Vest U.S. Equity Buffer ETF – August Trading Up 0.6%

The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. The firm’s 50 day simple moving average is $53.07 and its 200-day simple moving average is $52.85.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – August

Several institutional investors have recently bought and sold shares of FAUG. Wells Fargo & Company MN acquired a new position in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at $47,000. Anfield Capital Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter valued at $55,000. Creative Financial Designs Inc. ADV grew its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 171.1% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,348 shares of the company’s stock worth $122,000 after purchasing an additional 1,482 shares during the period. Great Diamond Partners LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 4th quarter worth $204,000. Finally, LVZ Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 4th quarter worth $207,000.

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.