Apollon Wealth Management LLC Reduces Position in FT Vest U.S. Equity Buffer ETF – August $FAUG

Apollon Wealth Management LLC reduced its stake in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 1.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,416 shares of the company’s stock after selling 391 shares during the quarter. Apollon Wealth Management LLC’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $1,491,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Park Avenue Securities LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 1st quarter valued at approximately $208,000. LPL Financial LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 13.0% in the 1st quarter. LPL Financial LLC now owns 93,997 shares of the company’s stock valued at $4,276,000 after purchasing an additional 10,814 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 11.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 486,005 shares of the company’s stock valued at $22,107,000 after purchasing an additional 49,442 shares during the last quarter. Brown Advisory Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 1st quarter valued at approximately $227,000. Finally, Fragasso Financial Advisors Inc grew its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 2.1% in the 2nd quarter. Fragasso Financial Advisors Inc now owns 41,348 shares of the company’s stock valued at $2,027,000 after purchasing an additional 833 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – August Trading Up 13.5%

Shares of FAUG stock opened at $51.70 on Tuesday. The business’s 50 day moving average is $51.16 and its two-hundred day moving average is $48.49. FT Vest U.S. Equity Buffer ETF – August has a twelve month low of $41.24 and a twelve month high of $50.02. The company has a market capitalization of $983.77 million, a P/E ratio of 24.22 and a beta of 0.63.

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