9,428 Shares in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) Bought by Merit Financial Group LLC

Merit Financial Group LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 9,428 shares of the company’s stock, valued at approximately $439,000. Merit Financial Group LLC owned about 0.07% of FT Vest U.S. Equity Buffer ETF – August at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in FAUG. Brookstone Capital Management grew its position in shares of FT Vest U.S. Equity Buffer ETF – August by 67.1% in the 4th quarter. Brookstone Capital Management now owns 10,651 shares of the company’s stock worth $496,000 after acquiring an additional 4,278 shares in the last quarter. JPMorgan Chase & Co. bought a new position in FT Vest U.S. Equity Buffer ETF – August during the third quarter worth $344,000. Sanctuary Advisors LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – August by 78.8% in the third quarter. Sanctuary Advisors LLC now owns 9,516 shares of the company’s stock worth $445,000 after purchasing an additional 4,194 shares during the period. SOA Wealth Advisors LLC. increased its stake in FT Vest U.S. Equity Buffer ETF – August by 561.6% during the third quarter. SOA Wealth Advisors LLC. now owns 8,852 shares of the company’s stock valued at $405,000 after purchasing an additional 7,514 shares during the last quarter. Finally, Barclays PLC bought a new stake in FT Vest U.S. Equity Buffer ETF – August during the third quarter valued at $201,000.

FT Vest U.S. Equity Buffer ETF – August Stock Up 2.6 %

BATS:FAUG opened at $47.60 on Friday. The firm has a market cap of $666.40 million, a price-to-earnings ratio of 24.05 and a beta of 0.65. The firm’s 50-day moving average is $46.85 and its 200 day moving average is $45.71.

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.