Icon Wealth Advisors LLC Increases Stake in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Icon Wealth Advisors LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 30.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,234 shares of the company’s stock after purchasing an additional 15,532 shares during the quarter. Icon Wealth Advisors LLC owned about 0.47% of FT Vest U.S. Equity Buffer ETF – August worth $3,030,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in FAUG. Cetera Investment Advisers boosted its position in FT Vest U.S. Equity Buffer ETF – August by 814.7% in the first quarter. Cetera Investment Advisers now owns 759,345 shares of the company’s stock valued at $32,561,000 after buying an additional 676,325 shares during the last quarter. Legacy Capital Wealth Partners LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the 3rd quarter valued at $8,782,000. WealthPlan Investment Management LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – August in the third quarter worth $7,618,000. CWM LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 72.3% during the third 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. Finally, Jane Street Group LLC lifted its position in FT Vest U.S. Equity Buffer ETF – August by 1,253.0% during the first quarter. Jane Street Group LLC now owns 138,890 shares of the company’s stock valued at $5,956,000 after purchasing an additional 128,625 shares during the period.

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

Shares of FAUG opened at $46.61 on Friday. The stock’s fifty day moving average is $45.91 and its 200-day moving average is $44.72. The firm has a market cap of $652.54 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.