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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $49.97 and last traded at $48.8560, with a volume of 30010 shares changing hands. The stock had previously closed at $49.3265.

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

The firm has a 50-day simple moving average of $49.38 and a 200 day simple moving average of $47.51. The company has a market capitalization of $1.07 billion, a PE ratio of 25.01 and a beta of 0.65.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Valtinson Bruner Financial Planning LLC raised its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 4.6% during the second quarter. Valtinson Bruner Financial Planning LLC now owns 22,883 shares of the company’s stock valued at $1,068,000 after purchasing an additional 1,011 shares during the period. Apollon Wealth Management LLC grew its holdings in FT Vest U.S. Equity Buffer ETF – December by 5.7% during the 2nd quarter. Apollon Wealth Management LLC now owns 8,687 shares of the company’s stock valued at $405,000 after purchasing an additional 465 shares in the last quarter. Keystone Wealth Services LLC increased its stake in FT Vest U.S. Equity Buffer ETF – December by 1.4% during the 2nd quarter. Keystone Wealth Services LLC now owns 66,672 shares of the company’s stock worth $3,111,000 after buying an additional 900 shares during the period. Chris Bulman Inc purchased a new stake in FT Vest U.S. Equity Buffer ETF – December during the 2nd quarter worth $200,000. Finally, Foundations Investment Advisors LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – December in the 2nd quarter worth $920,000.

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.