Raymond James & Associates Has $5.30 Million Stock Position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Raymond James & Associates raised its holdings in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 12.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 115,855 shares of the company’s stock after acquiring an additional 13,165 shares during the period. Raymond James & Associates’ holdings in FT Vest U.S. Equity Buffer ETF – August were worth $5,300,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Onyx Bridge Wealth Group LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 10.1% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 14,878 shares of the company’s stock worth $681,000 after purchasing an additional 1,360 shares in the last quarter. Bleakley Financial Group LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – August during the 3rd quarter worth approximately $316,000. McKinley Carter Wealth Services Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 2.4% during the 3rd quarter. McKinley Carter Wealth Services Inc. now owns 14,349 shares of the company’s stock worth $656,000 after buying an additional 336 shares during the period. NBC Securities Inc. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – August by 21.7% during the 3rd quarter. NBC Securities Inc. now owns 12,623 shares of the company’s stock worth $577,000 after buying an additional 2,254 shares during the period. Finally, Redhawk Wealth Advisors Inc. bought a new position in FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter valued at $362,000.

FT Vest U.S. Equity Buffer ETF – August Trading Up 0.2 %

Shares of FAUG opened at $45.58 on Friday. The company has a 50-day simple moving average of $45.41 and a two-hundred day simple moving average of $44.32. The company has a market cap of $638.12 million, a P/E ratio of 24.05 and a beta of 0.65.

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.