Kingsview Wealth Management LLC Cuts Stock Holdings in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Kingsview Wealth Management LLC cut its stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 5.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,302 shares of the company’s stock after selling 700 shares during the period. Kingsview Wealth Management LLC’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $573,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Beacon Financial Advisory LLC grew its position in FT Vest U.S. Equity Buffer ETF – August by 60.2% during the fourth quarter. Beacon Financial Advisory LLC now owns 9,045 shares of the company’s stock valued at $421,000 after acquiring an additional 3,400 shares during the period. New Wave Wealth Advisors LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 28.6% in the 4th quarter. New Wave Wealth Advisors LLC now owns 58,005 shares of the company’s stock worth $2,700,000 after purchasing an additional 12,896 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $901,000. Armbruster Capital Management Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the 4th quarter worth about $247,000. Finally, Marshall Financial Group LLC increased its position in FT Vest U.S. Equity Buffer ETF – August by 4.7% during the 4th quarter. Marshall Financial Group LLC now owns 6,315 shares of the company’s stock worth $294,000 after purchasing an additional 285 shares in the last quarter.

FT Vest U.S. Equity Buffer ETF – August Trading Up 2.4 %

Shares of FAUG stock opened at $47.49 on Thursday. The firm’s fifty day simple moving average is $47.06 and its 200 day simple moving average is $46.03. The firm has a market capitalization of $664.86 million, a PE ratio of 24.05 and a beta of 0.65.

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.