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

Shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $55.97 and last traded at $55.9840, with a volume of 2499 shares. The stock had previously closed at $55.74.

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

The stock has a fifty day simple moving average of $55.02 and a 200 day simple moving average of $53.25. The firm has a market capitalization of $1.22 billion, a P/E ratio of 25.01 and a beta of 0.65.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. boosted its stake in FT Vest U.S. Equity Buffer ETF – December by 47.4% in the 3rd quarter. Raymond James Financial Inc. now owns 374,639 shares of the company’s stock worth $18,447,000 after purchasing an additional 120,506 shares during the period. Cetera Investment Advisers lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 2.5% in the fourth quarter. Cetera Investment Advisers now owns 374,354 shares of the company’s stock worth $19,160,000 after buying an additional 9,281 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 30.6% in the fourth quarter. Commonwealth Equity Services LLC now owns 294,462 shares of the company’s stock worth $15,071,000 after buying an additional 68,979 shares in the last quarter. Assetmark Inc. boosted its position in shares of 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 worth $14,019,000 after acquiring an additional 27,216 shares during the last quarter. Finally, LPL Financial LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 25.2% during the fourth quarter. LPL Financial LLC now owns 236,582 shares of the company’s stock worth $12,109,000 after acquiring an additional 47,634 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.