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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $52.00 and last traded at $51.94, with a volume of 4586 shares. The stock had previously closed at $51.66.

FT Vest U.S. Equity Buffer ETF – December Trading Up 0.1%

The stock’s fifty day moving average is $50.81 and its two-hundred day moving average is $50.55. The company has a market capitalization of $1.14 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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Arkadios Wealth Advisors boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 0.4% in the 3rd quarter. Arkadios Wealth Advisors now owns 73,860 shares of the company’s stock worth $3,637,000 after buying an additional 299 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 5.3% during the 4th quarter. Main Street Financial Solutions LLC now owns 7,808 shares of the company’s stock valued at $400,000 after buying an additional 390 shares during the last quarter. CoreCap Advisors LLC lifted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 3.2% during the 3rd quarter. CoreCap Advisors LLC now owns 14,325 shares of the company’s stock valued at $705,000 after buying an additional 440 shares during the last quarter. Arbor Capital Management Inc. ADV lifted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 4.8% during the 4th quarter. Arbor Capital Management Inc. ADV now owns 9,602 shares of the company’s stock valued at $493,000 after buying an additional 442 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. lifted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 3.4% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 16,256 shares of the company’s stock valued at $832,000 after buying an additional 540 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.