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

Naviter Wealth LLC decreased its stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 46.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 12,225 shares of the company’s stock after selling 10,674 shares during the period. Naviter Wealth LLC’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $524,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Ifrah Financial Services Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $200,000. Focus Financial Network Inc. ADV purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $207,000. Savvy Advisors Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $223,000. Lincoln National Corp increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 19.9% in the 4th quarter. Lincoln National Corp now owns 7,237 shares of the company’s stock valued at $294,000 after acquiring an additional 1,200 shares during the last quarter. Finally, Valmark Advisers Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – August in the 4th quarter valued at about $296,000.

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

BATS:FAUG traded up $0.04 during mid-day trading on Tuesday, reaching $44.16. 45,293 shares of the stock were exchanged. The company has a 50-day moving average of $43.45 and a 200 day moving average of $42.30. The firm has a market capitalization of $618.24 million, a PE ratio of 24.05 and a beta of 0.65.

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.