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

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

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

The company has a 50 day simple moving average of $55.02 and a two-hundred day simple moving average of $53.25. The company has a market capitalization of $1.22 billion, a P/E ratio of 25.01 and a beta of 0.65.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – December

Large investors have recently modified their holdings of the stock. Raymond James Financial Inc. raised its holdings in FT Vest U.S. Equity Buffer ETF – December by 47.4% during the 3rd quarter. Raymond James Financial Inc. now owns 374,639 shares of the company’s stock valued at $18,447,000 after buying an additional 120,506 shares during the period. Cetera Investment Advisers boosted its stake in FT Vest U.S. Equity Buffer ETF – December by 2.5% during 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 during the period. Commonwealth Equity Services LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – December by 30.6% during 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 during the period. Assetmark Inc. increased its position 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 acquiring an additional 27,216 shares during the last quarter. Finally, LPL Financial LLC increased its position in 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 valued at $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.