FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) hit a new 52-week high on Thursday . The company traded as high as $55.86 and last traded at $55.85, with a volume of 12898 shares. The stock had previously closed at $55.61.

FT Vest U.S. Equity Buffer ETF – December Trading Up 0.4%

The company has a 50 day moving average of $54.86 and a 200-day moving average of $53.10. The firm has a market capitalization of $1.22 billion, a P/E ratio of 25.01 and a beta of 0.65.

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

Institutional investors have recently modified their holdings of the business. Catalina Capital Group LLC increased its position in FT Vest U.S. Equity Buffer ETF – December by 1.1% in the 1st quarter. Catalina Capital Group LLC now owns 19,061 shares of the company’s stock valued at $948,000 after acquiring an additional 200 shares during the period. Sunbelt Securities Inc. increased its position in FT Vest U.S. Equity Buffer ETF – December by 2.4% during the 1st quarter. Sunbelt Securities Inc. now owns 8,911 shares of the company’s stock valued at $443,000 after purchasing an additional 210 shares during the period. Main Street Financial Solutions LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 5.3% in the 4th quarter. Main Street Financial Solutions LLC now owns 7,808 shares of the company’s stock worth $400,000 after purchasing an additional 390 shares during the period. CoreCap Advisors LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 2.9% in the 2nd quarter. CoreCap Advisors LLC now owns 14,593 shares of the company’s stock valued at $795,000 after purchasing an additional 412 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 14.0% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,565 shares of the company’s stock valued at $285,000 after purchasing an additional 685 shares during the last quarter.

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.