FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Reaches New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $53.83 and last traded at $53.74, with a volume of 19004 shares trading hands. The stock had previously closed at $53.74.

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

The firm has a market capitalization of $1.17 billion, a P/E ratio of 25.01 and a beta of 0.65. The firm’s 50-day moving average is $51.32 and its 200 day moving average is $50.98.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – December

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Griffith & Werner Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – December during the 3rd quarter worth about $32,680,000. Raymond James Financial Inc. lifted its position in 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 worth $18,447,000 after buying an additional 120,506 shares in the last quarter. Cetera Investment Advisers lifted its position in FT Vest U.S. Equity Buffer ETF – December by 2.5% during the 4th quarter. Cetera Investment Advisers now owns 374,354 shares of the company’s stock worth $19,160,000 after buying an additional 9,281 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in FT Vest U.S. Equity Buffer ETF – December by 30.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 294,462 shares of the company’s stock worth $15,071,000 after buying an additional 68,979 shares in the last quarter. Finally, Assetmark Inc. lifted its position in FT Vest U.S. Equity Buffer ETF – December by 10.7% during the 1st quarter. Assetmark Inc. now owns 281,963 shares of the company’s stock worth $14,019,000 after buying an additional 27,216 shares in 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.