FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches New 12-Month High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUGGet Free Report) shares hit a new 52-week high on Friday . The stock traded as high as $56.97 and last traded at $56.97, with a volume of 540 shares. The stock had previously closed at $56.85.

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

The firm has a market capitalization of $1.08 billion, a P/E ratio of 24.22 and a beta of 0.63. The stock has a 50 day moving average of $56.34 and a 200-day moving average of $54.52.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – August

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

About FT Vest U.S. Equity Buffer ETF – August

(Get Free Report)

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.

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