Regal Investment Advisors LLC Lowers Position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Regal Investment Advisors LLC cut its position in shares of FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 15.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 124,945 shares of the company’s stock after selling 22,100 shares during the period. Regal Investment Advisors LLC’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $5,815,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FAUG. Envestnet Asset Management Inc. increased its stake in FT Vest U.S. Equity Buffer ETF – August by 9.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 436,563 shares of the company’s stock worth $20,318,000 after acquiring an additional 37,871 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – August during the fourth quarter worth $16,109,000. Assetmark Inc. boosted its position in FT Vest U.S. Equity Buffer ETF – August by 55.0% in the 4th quarter. Assetmark Inc. now owns 103,315 shares of the company’s stock valued at $4,808,000 after buying an additional 36,679 shares during the period. LPL Financial LLC grew its stake in FT Vest U.S. Equity Buffer ETF – August by 4.3% in the fourth quarter. LPL Financial LLC now owns 83,183 shares of the company’s stock worth $3,871,000 after purchasing an additional 3,427 shares in the last quarter. Finally, New Wave Wealth Advisors LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – August by 28.6% during the 4th quarter. New Wave Wealth Advisors LLC now owns 58,005 shares of the company’s stock worth $2,700,000 after buying an additional 12,896 shares in the last quarter.

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

BATS:FAUG opened at $44.50 on Tuesday. The firm has a market cap of $869.09 million, a P/E ratio of 24.50 and a beta of 0.63. FT Vest U.S. Equity Buffer ETF – August has a one year low of $41.24 and a one year high of $47.90. The firm has a 50-day simple moving average of $45.89 and a 200-day simple moving average of $46.36.

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