Envestnet Asset Management Inc. Acquires 460,825 Shares of FT Vest U.S. Equity Buffer ETF – August $FAUG

Envestnet Asset Management Inc. raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 403.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 575,155 shares of the company’s stock after purchasing an additional 460,825 shares during the quarter. Envestnet Asset Management Inc. owned 3.02% of FT Vest U.S. Equity Buffer ETF – August worth $29,856,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in FAUG. Evolution Wealth Management Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 2nd quarter valued at about $38,000. Financial Network Wealth Advisors LLC raised its position in FT Vest U.S. Equity Buffer ETF – August by 135.5% during the third quarter. Financial Network Wealth Advisors LLC now owns 4,449 shares of the company’s stock valued at $231,000 after purchasing an additional 2,560 shares during the period. Wedbush Securities Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 2nd quarter valued at approximately $220,000. Meridian Wealth Management LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter valued at approximately $257,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter worth approximately $267,000.

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

BATS FAUG opened at $53.05 on Friday. The business’s 50 day moving average price is $53.16 and its 200-day moving average price is $52.07. FT Vest U.S. Equity Buffer ETF – August has a fifty-two week low of $41.24 and a fifty-two week high of $53.73. The company has a market cap of $1.01 billion, a P/E ratio of 24.22 and a beta of 0.63.

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.