FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Reaches New 1-Year High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $54.89 and last traded at $54.89, with a volume of 452 shares changing hands. The stock had previously closed at $54.76.

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

The firm has a market cap of $1.20 billion, a PE ratio of 25.01 and a beta of 0.65. The firm has a 50-day moving average price of $54.16 and a two-hundred day moving average price of $52.30.

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

Large investors have recently modified their holdings of the business. United Capital Financial Advisors LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the third quarter worth about $210,000. Cornerstone Wealth LLC TN acquired a new stake in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $234,000. Private Advisor Group LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter worth approximately $225,000. New Wave Wealth Advisors LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December in the 4th quarter worth approximately $232,000. Finally, Goldman Sachs Group Inc. acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – December during the 1st quarter worth approximately $222,000.

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.