FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

Shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $56.03 and traded as high as $56.33. FT Vest U.S. Equity Buffer ETF – December shares last traded at $56.19, with a volume of 10,926 shares traded.

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

The stock’s 50-day moving average is $56.03 and its two-hundred day moving average is $53.82. The stock has a market cap of $1.34 billion, a P/E ratio of 25.01 and a beta of 0.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Commonwealth Equity Services LLC bought a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the third quarter worth about $14,463,000. Schulz Wealth LTD. bought a new position in FT Vest U.S. Equity Buffer ETF – December during the second quarter valued at approximately $8,078,000. Leigh Baldwin & CO. LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – December by 1,169.5% during the first quarter. Leigh Baldwin & CO. LLC now owns 73,885 shares of the company’s stock valued at $3,674,000 after buying an additional 68,065 shares during the last quarter. HighTower Advisors LLC bought a new position in FT Vest U.S. Equity Buffer ETF – December during the third quarter valued at approximately $2,059,000. Finally, Founders Financial Securities LLC bought a new position in FT Vest U.S. Equity Buffer ETF – December during the third quarter valued at approximately $2,008,000.

About FT Vest U.S. Equity Buffer ETF – December

(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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