FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $44.98 and traded as high as $47.29. FT Vest U.S. Equity Buffer ETF – August shares last traded at $47.18, with a volume of 14,669 shares changing hands.

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

The stock has a 50 day moving average price of $46.23 and a 200 day moving average price of $44.98. The company has a market cap of $660.80 million, a P/E ratio of 24.05 and a beta of 0.65.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – August

A number of institutional investors and hedge funds have recently bought and sold shares of FAUG. CWM LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 72.3% in the 3rd quarter. CWM LLC now owns 379,691 shares of the company’s stock worth $17,371,000 after purchasing an additional 159,342 shares during the last quarter. McCarthy & Cox raised its position in shares of FT Vest U.S. Equity Buffer ETF – August by 1.7% during the third quarter. McCarthy & Cox now owns 343,843 shares of the company’s stock worth $15,731,000 after purchasing an additional 5,888 shares during the period. Legacy Capital Wealth Partners LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the third quarter valued at $8,782,000. CreativeOne Wealth LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter worth about $8,541,000. Finally, WealthPlan Investment Management LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the third quarter worth approximately $7,618,000.

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