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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s stock price reached a new 52-week high on Monday . The company traded as high as $49.97 and last traded at $51.16, with a volume of 30010 shares traded. The stock had previously closed at $49.3265.

FT Vest U.S. Equity Buffer ETF – December Stock Up 3.8%

The business’s 50-day simple moving average is $49.93 and its 200 day simple moving average is $48.41. The firm has a market capitalization of $1.12 billion, a P/E ratio of 25.01 and a beta of 0.65.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – December

Several institutional investors and hedge funds have recently made changes to their positions in the business. Mather Group LLC. bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the third quarter worth $56,000. Ameritas Investment Partners Inc. grew its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 44.5% during the second quarter. Ameritas Investment Partners Inc. now owns 1,445 shares of the company’s stock valued at $67,000 after buying an additional 445 shares during the last quarter. Evolution Wealth Management Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the second quarter worth about $81,000. United Capital Financial Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the third quarter worth about $210,000. Finally, Chris Bulman Inc bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the 2nd quarter valued at about $200,000.

About FT Vest U.S. Equity Buffer ETF – December

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.