Envestnet Asset Management Inc. Increases Stake in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Envestnet Asset Management Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 9.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 436,563 shares of the company’s stock after buying an additional 37,871 shares during the quarter. Envestnet Asset Management Inc. owned approximately 3.12% of FT Vest U.S. Equity Buffer ETF – August worth $20,318,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FAUG. Stonebridge Financial Group LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter worth $54,000. Global Retirement Partners LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the fourth quarter worth about $105,000. Barclays PLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the third quarter worth about $201,000. Armbruster Capital Management Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – August during the fourth quarter valued at approximately $247,000. Finally, Marshall Financial Group LLC grew its holdings 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 valued at $294,000 after buying an additional 285 shares in the last quarter.

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

Shares of FAUG opened at $44.50 on Tuesday. The stock has a market capitalization of $869.09 million, a price-to-earnings ratio of 24.50 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a 1 year low of $41.24 and a 1 year high of $47.90. The business’s 50 day simple moving average is $45.89 and its 200-day simple moving average is $46.36.

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.