FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Reaches New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares reached a new 52-week high during trading on Friday. The company traded as high as $56.58 and last traded at $56.5640, with a volume of 7678 shares traded. The stock had previously closed at $56.38.

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

The business has a fifty day moving average of $55.79 and a 200-day moving average of $54.17. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 25.01 and a beta of 0.65.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – December

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. lifted its stake in FT Vest U.S. Equity Buffer ETF – December by 10.7% during the first quarter. Assetmark Inc. now owns 281,963 shares of the company’s stock valued at $14,019,000 after purchasing an additional 27,216 shares during the last quarter. Schulz Wealth LTD. purchased a new position in FT Vest U.S. Equity Buffer ETF – December in the 2nd quarter worth about $8,078,000. Kestra Advisory Services LLC raised its holdings in FT Vest U.S. Equity Buffer ETF – December by 4.5% during the 1st quarter. Kestra Advisory Services LLC now owns 135,271 shares of the company’s stock worth $6,726,000 after buying an additional 5,857 shares during the period. Faithward Advisors LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – December by 41.4% during the first quarter. Faithward Advisors LLC now owns 85,610 shares of the company’s stock valued at $4,257,000 after buying an additional 25,078 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 2.9% in the first quarter. Arkadios Wealth Advisors now owns 79,367 shares of the company’s stock worth $3,946,000 after buying an additional 2,222 shares during the period.

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.