Accel Wealth Management Sells 1,682 Shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Accel Wealth Management cut its position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 4.6% during the 4th quarter, HoldingsChannel reports. The firm owned 34,902 shares of the company’s stock after selling 1,682 shares during the quarter. Accel Wealth Management’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $1,624,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the third quarter worth $40,000. Aptus Capital Advisors LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – August by 150.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,000 shares of the company’s stock worth $46,000 after purchasing an additional 600 shares in the last quarter. MTM Investment Management LLC bought a new position in FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter worth about $112,000. DHJJ Financial Advisors Ltd. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – August by 68.2% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 4,043 shares of the company’s stock valued at $185,000 after purchasing an additional 1,640 shares during the period. Finally, Barclays PLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the third quarter valued at about $201,000.

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

BATS:FAUG opened at $47.55 on Friday. The stock’s 50-day moving average price is $46.90 and its 200-day moving average price is $45.75. The company has a market capitalization of $665.63 million, a P/E 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.