FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Reaches New 12-Month High – Still a Buy?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.72 and last traded at $55.72, with a volume of 249 shares trading hands. The stock had previously closed at $55.43.

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

The firm has a fifty day simple moving average of $54.52 and a 200-day simple moving average of $52.78. The company has a market cap of $1.21 billion, a PE ratio of 25.01 and a beta of 0.65.

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

A number of large investors have recently made changes to their positions in the company. Assetmark Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 14.2% in the fourth quarter. Assetmark Inc. now owns 254,747 shares of the company’s stock valued at $13,039,000 after acquiring an additional 31,752 shares during the period. MGO One Seven LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 26.9% in the 4th quarter. MGO One Seven LLC now owns 215,037 shares of the company’s stock valued at $11,006,000 after acquiring an additional 45,642 shares during the period. Faithward Advisors LLC raised its position in FT Vest U.S. Equity Buffer ETF – December by 41.4% in the 1st quarter. Faithward Advisors LLC now owns 85,610 shares of the company’s stock valued at $4,257,000 after purchasing an additional 25,078 shares during the last quarter. REAP Financial Group LLC raised its position in FT Vest U.S. Equity Buffer ETF – December by 15.3% in the 4th quarter. REAP Financial Group LLC now owns 81,687 shares of the company’s stock valued at $4,181,000 after purchasing an additional 10,818 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in FT Vest U.S. Equity Buffer ETF – December by 42.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 40,876 shares of the company’s stock valued at $2,092,000 after purchasing an additional 12,167 shares during the last quarter.

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.