Archer Investment Corp Cuts Stock Position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG)

Archer Investment Corp trimmed its position in FT Vest U.S. Equity Buffer ETF – August (BATS:FAUG) by 15.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,361 shares of the company’s stock after selling 446 shares during the period. Archer Investment Corp’s holdings in FT Vest U.S. Equity Buffer ETF – August were worth $108,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of FAUG. Cetera Investment Advisers lifted 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 purchasing an additional 676,325 shares during the period. Cetera Advisors LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – August by 39.2% in the 1st quarter. Cetera Advisors LLC now owns 394,481 shares of the company’s stock valued at $16,915,000 after buying an additional 111,156 shares during the period. CWM LLC grew its holdings in 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 acquiring an additional 159,342 shares during the period. Cetera Advisor Networks LLC raised its position in FT Vest U.S. Equity Buffer ETF – August by 0.6% in the first quarter. Cetera Advisor Networks LLC now owns 361,544 shares of the company’s stock worth $15,503,000 after acquiring an additional 2,119 shares in the last quarter. Finally, McCarthy & Cox lifted its holdings in FT Vest U.S. Equity Buffer ETF – August by 1.7% in the third quarter. McCarthy & Cox now owns 343,843 shares of the company’s stock valued at $15,731,000 after acquiring an additional 5,888 shares during the period.

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

BATS:FAUG opened at $46.31 on Friday. The stock’s fifty day moving average is $45.75 and its two-hundred day moving average is $44.61. The firm has a market cap of $648.34 million, a PE ratio of 24.05 and a beta of 0.65.

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.