FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Sets New 1-Year High – Here’s What Happened

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)’s share price reached a new 52-week high on Thursday . The company traded as high as $57.71 and last traded at $57.63, with a volume of 1302498 shares traded. The stock had previously closed at $57.53.

FT Vest U.S. Equity Buffer ETF – August Trading Down 0.2%

The company has a 50-day moving average of $56.94 and a 200-day moving average of $55.12. The company has a market capitalization of $1.10 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63.

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

Several 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 in the 4th quarter worth approximately $47,000. Timbuktu Capital Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter valued at approximately $57,000. Great Diamond Partners LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the fourth quarter worth $204,000. LVZ Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the fourth quarter worth $207,000. Finally, NI Acquisitions Company LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the second quarter worth $226,000.

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.