FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Reaches 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 Monday . The stock traded as high as $56.65 and last traded at $56.65, with a volume of 421 shares changing hands. The stock had previously closed at $56.49.

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

The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 24.22 and a beta of 0.63. The business has a fifty day moving average of $55.91 and a 200 day moving average of $54.09.

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

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

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.