FT Vest U.S. Equity Buffer ETF – August $FAUG Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC reduced its holdings in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 28.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,950 shares of the company’s stock after selling 2,000 shares during the quarter. Cresset Asset Management LLC’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $225,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Park Square Financial Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – August in the fourth quarter worth approximately $25,000. Mascagni Wealth Management Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter worth about $26,000. Financial Network Wealth Advisors LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – August by 81.6% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,889 shares of the company’s stock worth $86,000 after buying an additional 849 shares during the period. ORG Partners LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – August during the 1st quarter worth about $114,000. Finally, Park Avenue Securities LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – August during the first quarter valued at about $208,000.

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

Shares of FAUG opened at $50.82 on Wednesday. The company has a 50-day moving average of $49.65 and a two-hundred day moving average of $47.31. The stock has a market cap of $967.10 million, a price-to-earnings ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a one year low of $41.24 and a one year high of $50.02.

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.