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:FDECGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $51.50 and last traded at $51.6190, with a volume of 76490 shares. The stock had previously closed at $51.51.

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

The stock has a market cap of $1.13 billion, a PE ratio of 25.01 and a beta of 0.65. The company has a 50 day moving average price of $50.83 and a two-hundred day moving average price of $49.36.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Lbmc Investment Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December during the third quarter worth $825,000. Valtinson Bruner Financial Planning LLC raised its stake in FT Vest U.S. Equity Buffer ETF – December by 4.6% during the second quarter. Valtinson Bruner Financial Planning LLC now owns 22,883 shares of the company’s stock valued at $1,068,000 after purchasing an additional 1,011 shares in the last quarter. Apollon Wealth Management LLC raised its stake in FT Vest U.S. Equity Buffer ETF – December by 5.7% during the second quarter. Apollon Wealth Management LLC now owns 8,687 shares of the company’s stock valued at $405,000 after purchasing an additional 465 shares in the last quarter. Foundations Investment Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – December during the second quarter valued at $920,000. Finally, Farther Finance Advisors LLC grew its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 130.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 36,196 shares of the company’s stock worth $1,782,000 after buying an additional 20,477 shares in the last quarter.

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

(Get Free Report)

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.

Further Reading

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