FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Hits New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $56.42 and last traded at $56.42, with a volume of 209694 shares changing hands. The stock had previously closed at $56.04.

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

The company has a fifty day moving average of $55.52 and a 200-day moving average of $53.83. The firm has a market capitalization of $1.07 billion, a PE ratio of 24.22 and a beta of 0.63.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Onyx Bridge Wealth Group LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 1.3% in the 4th quarter. Onyx Bridge Wealth Group LLC now owns 15,071 shares of the company’s stock valued at $798,000 after buying an additional 193 shares in the last quarter. Merit Financial Group LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 3.6% during the 4th quarter. Merit Financial Group LLC now owns 6,064 shares of the company’s stock valued at $321,000 after acquiring an additional 209 shares in the last quarter. CoreCap Advisors LLC increased its stake in FT Vest U.S. Equity Buffer ETF – August by 1.8% in the fourth quarter. CoreCap Advisors LLC now owns 13,892 shares of the company’s stock valued at $736,000 after acquiring an additional 239 shares during the period. Savvy Advisors Inc. raised its position in FT Vest U.S. Equity Buffer ETF – August by 1.6% in the fourth quarter. Savvy Advisors Inc. now owns 15,676 shares of the company’s stock worth $830,000 after purchasing an additional 254 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in FT Vest U.S. Equity Buffer ETF – August by 1.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 27,128 shares of the company’s stock worth $1,436,000 after purchasing an additional 293 shares in the last quarter.

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.