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

FT Vest U.S. Equity Buffer ETF – August (BATS:FAUGGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as $58.07 and last traded at $58.04, with a volume of 4308 shares trading hands. The stock had previously closed at $57.55.

FT Vest U.S. Equity Buffer ETF – August Stock Up 0.9%

The stock has a market capitalization of $1.11 billion, a PE ratio of 24.22 and a beta of 0.63. The stock’s 50-day moving average is $57.29 and its 200 day moving average is $55.58.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Timbuktu Capital Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – August in the second quarter worth approximately $57,000. NI Acquisitions Company LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the second quarter worth $226,000. Private Advisor Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the first quarter worth $231,000. Axxcess Wealth Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – August during the fourth quarter valued at about $316,000. Finally, Schulz Wealth LTD. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the second quarter worth about $353,000.

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

(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.

Further Reading

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