Arkadios Wealth Advisors Sells 2,285 Shares of FT Vest U.S. Equity Buffer ETF – August $FAUG

Arkadios Wealth Advisors decreased its stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 23.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 7,343 shares of the company’s stock after selling 2,285 shares during the period. Arkadios Wealth Advisors’ holdings in FT Vest U.S. Equity Buffer ETF – August were worth $360,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – August by 11.3% during the first quarter. Envestnet Asset Management Inc. now owns 486,005 shares of the company’s stock worth $22,107,000 after purchasing an additional 49,442 shares during the period. Brown Advisory Inc. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the first quarter worth $227,000. Cetera Investment Advisers boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 14.2% during the 1st quarter. Cetera Investment Advisers now owns 355,399 shares of the company’s stock worth $16,166,000 after buying an additional 44,084 shares during the period. Assetmark Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 38.5% during the 1st quarter. Assetmark Inc. now owns 143,086 shares of the company’s stock worth $6,509,000 after buying an additional 39,771 shares during the period. Finally, LPL Financial LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – August by 13.0% during the first quarter. LPL Financial LLC now owns 93,997 shares of the company’s stock valued at $4,276,000 after acquiring an additional 10,814 shares during the period.

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

Shares of BATS:FAUG opened at $52.25 on Thursday. The stock’s 50-day moving average is $51.72 and its 200-day moving average is $49.48. The company has a market cap of $994.34 million, a P/E ratio of 24.22 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a 52-week low of $41.24 and a 52-week 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.