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

BAM Wealth Management LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 99,833 shares of the company’s stock, valued at approximately $5,182,000. FT Vest U.S. Equity Buffer ETF – August accounts for approximately 4.0% of BAM Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. BAM Wealth Management LLC owned 0.52% of FT Vest U.S. Equity Buffer ETF – August as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Semus Wealth Partners LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter worth approximately $4,289,000. Commonwealth Equity Services LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 26.6% in the third quarter. Commonwealth Equity Services LLC now owns 160,107 shares of the company’s stock worth $8,311,000 after buying an additional 33,654 shares during the period. Brookstone Capital Management purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the third quarter valued at $563,000. Park Avenue Securities LLC raised its position in FT Vest U.S. Equity Buffer ETF – August by 10.9% during the second quarter. Park Avenue Securities LLC now owns 5,075 shares of the company’s stock valued at $249,000 after buying an additional 500 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – August by 7.2% in the 2nd quarter. Osaic Holdings Inc. now owns 177,718 shares of the company’s stock worth $8,617,000 after acquiring an additional 11,904 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – August Trading Up 17.1%

Shares of BATS FAUG opened at $53.35 on Friday. The firm has a market capitalization of $1.02 billion, a PE ratio of 24.22 and a beta of 0.63. The business has a 50-day moving average price of $52.80 and a two-hundred day moving average price of $51.70. FT Vest U.S. Equity Buffer ETF – August has a one year low of $41.24 and a one year high of $50.02.

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

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.