FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sets New 1-Year High – Time to Buy?

Shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) reached a new 52-week high during trading on Thursday . The stock traded as high as $55.97 and last traded at $55.9840, with a volume of 2499 shares traded. The stock had previously closed at $55.74.

FT Vest U.S. Equity Buffer ETF – December Stock Down 0.1%

The company has a market capitalization of $1.22 billion, a PE ratio of 25.01 and a beta of 0.65. The company’s 50 day moving average is $55.10 and its two-hundred day moving average is $53.30.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FDEC. Royal Bank of Canada lifted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 2.9% in the first quarter. Royal Bank of Canada now owns 31,524 shares of the company’s stock worth $1,368,000 after buying an additional 876 shares in the last quarter. AQR Capital Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter worth approximately $417,000. Goldman Sachs Group Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the 1st quarter worth approximately $222,000. Gallagher Fiduciary Advisors LLC raised its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 46.5% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 14,613 shares of the company’s stock worth $682,000 after acquiring an additional 4,636 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 47.4% during the 3rd quarter. Raymond James Financial Inc. now owns 374,639 shares of the company’s stock valued at $18,447,000 after acquiring an additional 120,506 shares during the last quarter.

FT Vest U.S. Equity Buffer ETF – December Company Profile

The FT Cboe Vest U.S. Equity Buffer ETF – December (FDEC) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for specific buffered losses and capped gains on SPY ETF over a specific holdings period. The actively-managed fund holds options and collateral. FDEC was launched on Dec 18, 2020 and is managed by First Trust.