Novem Group Invests $3.86 Million in FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)

Novem Group acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 86,610 shares of the company’s stock, valued at approximately $3,861,000.

A number of other hedge funds also recently made changes to their positions in FDEC. Barclays PLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December during the third quarter worth about $88,000. Janney Montgomery Scott LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – December by 21.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 186,063 shares of the company’s stock worth $8,294,000 after acquiring an additional 33,181 shares during the last quarter. Mutual Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – December by 17.7% during the fourth quarter. Mutual Advisors LLC now owns 10,075 shares of the company’s stock worth $452,000 after acquiring an additional 1,512 shares during the last quarter. Encompass More Asset Management raised its position in shares of FT Vest U.S. Equity Buffer ETF – December by 8.1% during the fourth quarter. Encompass More Asset Management now owns 5,104 shares of the company’s stock worth $228,000 after acquiring an additional 384 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – December by 118.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 19,648 shares of the company’s stock worth $876,000 after acquiring an additional 10,648 shares during the last quarter.

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

Shares of FDEC opened at $45.16 on Wednesday. FT Vest U.S. Equity Buffer ETF – December has a 1 year low of $39.42 and a 1 year high of $45.95. The company has a market capitalization of $981.39 million, a price-to-earnings ratio of 25.01 and a beta of 0.65. The business has a 50-day moving average of $43.06 and a 200-day moving average of $44.21.

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.