NewEdge Advisors LLC Trims Position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

NewEdge Advisors LLC decreased its holdings in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 9.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 35,850 shares of the company’s stock after selling 3,885 shares during the period. NewEdge Advisors LLC’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $1,668,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Stonebridge Financial Group LLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $54,000. Global Retirement Partners LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the fourth quarter worth approximately $105,000. Barclays PLC purchased a new stake in FT Vest U.S. Equity Buffer ETF – August in the third quarter valued at approximately $201,000. Armbruster Capital Management Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – August during the fourth quarter worth approximately $247,000. Finally, Marshall Financial Group LLC raised its stake in FT Vest U.S. Equity Buffer ETF – August by 4.7% during the fourth quarter. Marshall Financial Group LLC now owns 6,315 shares of the company’s stock worth $294,000 after purchasing an additional 285 shares during the period.

FT Vest U.S. Equity Buffer ETF – August Stock Down 5.9 %

Shares of BATS FAUG opened at $43.67 on Wednesday. The stock has a market capitalization of $852.88 million, a PE ratio of 24.50 and a beta of 0.63. The firm has a fifty day moving average of $45.43 and a 200-day moving average of $46.27. FT Vest U.S. Equity Buffer ETF – August has a 52-week low of $41.24 and a 52-week high of $47.90.

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