FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sets New 1-Year High – Here’s Why

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.72 and last traded at $55.72, with a volume of 249 shares changing hands. The stock had previously closed at $55.43.

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

The firm has a market capitalization of $1.22 billion, a PE ratio of 25.01 and a beta of 0.65. The stock’s fifty day simple moving average is $54.48 and its 200 day simple moving average is $52.72.

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

A number of hedge funds have recently modified their holdings of FDEC. Royal Bank of Canada raised its holdings in FT Vest U.S. Equity Buffer ETF – December by 2.9% in the 1st quarter. Royal Bank of Canada now owns 31,524 shares of the company’s stock worth $1,368,000 after purchasing an additional 876 shares during the period. AQR Capital Management LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – December during the first quarter valued at about $417,000. Goldman Sachs Group Inc. purchased a new stake in FT Vest U.S. Equity Buffer ETF – December in the first quarter worth about $222,000. Gallagher Fiduciary Advisors LLC increased its position in FT Vest U.S. Equity Buffer ETF – December by 46.5% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 14,613 shares of the company’s stock worth $682,000 after buying an additional 4,636 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 47.4% in the third 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 during the period.

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.