FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sets New 52-Week High – Here’s Why

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $51.50 and last traded at $51.6190, with a volume of 76490 shares changing hands. The stock had previously closed at $51.51.

FT Vest U.S. Equity Buffer ETF – December Stock Up 0.5%

The company has a market capitalization of $1.13 billion, a P/E ratio of 25.01 and a beta of 0.65. The firm has a fifty day simple moving average of $50.93 and a 200-day simple moving average of $49.43.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – December

Several large investors have recently made changes to their positions in FDEC. Royal Bank of Canada raised its position in FT Vest U.S. Equity Buffer ETF – December by 2.9% in the 1st quarter. Royal Bank of Canada now owns 31,524 shares of the company’s stock valued at $1,368,000 after buying an additional 876 shares during the last quarter. AQR Capital Management LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $417,000. Goldman Sachs Group Inc. acquired a new stake in FT Vest U.S. Equity Buffer ETF – December during the 1st quarter worth approximately $222,000. Ignite Planners LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 11.3% in the second quarter. Ignite Planners LLC now owns 52,411 shares of the company’s stock valued at $2,469,000 after acquiring an additional 5,309 shares during the period. Finally, Apollon Wealth Management LLC increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 5.7% during the second quarter. Apollon Wealth Management LLC now owns 8,687 shares of the company’s stock worth $405,000 after purchasing an additional 465 shares during the period.

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.