Commonwealth Equity Services LLC Acquires 33,654 Shares of FT Vest U.S. Equity Buffer ETF – August $FAUG

Commonwealth Equity Services LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 26.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 160,107 shares of the company’s stock after acquiring an additional 33,654 shares during the period. Commonwealth Equity Services LLC owned approximately 0.84% of FT Vest U.S. Equity Buffer ETF – August worth $8,311,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Evolution Wealth Management Inc. purchased a new stake in FT Vest U.S. Equity Buffer ETF – August in the second quarter valued at approximately $38,000. Wealth Management Nebraska purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter valued at $209,000. Wedbush Securities Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter worth $220,000. Park Avenue Securities LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 10.9% during the 2nd quarter. Park Avenue Securities LLC now owns 5,075 shares of the company’s stock worth $249,000 after acquiring an additional 500 shares during the last quarter. Finally, LifeWealth Investments LLC grew its position in FT Vest U.S. Equity Buffer ETF – August by 20.0% in the third quarter. LifeWealth Investments LLC now owns 5,166 shares of the company’s stock worth $268,000 after acquiring an additional 862 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – August Stock Up 17.5%

Shares of FAUG stock opened at $53.50 on Tuesday. The business has a 50-day moving average price of $52.60 and a two-hundred day moving average price of $51.47. FT Vest U.S. Equity Buffer ETF – August has a 12-month low of $41.24 and a 12-month high of $50.02. The firm has a market cap of $1.02 billion, a P/E ratio of 24.22 and a beta of 0.63.

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