FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Reaches New 12-Month High – Still a Buy?

Shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) reached a new 52-week high during trading on Tuesday . The stock traded as high as $53.83 and last traded at $53.74, with a volume of 19004 shares changing hands. The stock had previously closed at $53.74.

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

The firm’s 50-day moving average is $51.41 and its 200 day moving average is $51.04. The stock has a market cap of $1.18 billion, a PE ratio of 25.01 and a beta of 0.65.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – December

Several institutional investors and hedge funds have recently bought and sold shares of the business. Assetmark Inc. raised its position in FT Vest U.S. Equity Buffer ETF – December by 10.7% in the 1st quarter. Assetmark Inc. now owns 281,963 shares of the company’s stock valued at $14,019,000 after purchasing an additional 27,216 shares during the last quarter. Kestra Advisory Services LLC increased its stake in FT Vest U.S. Equity Buffer ETF – December by 4.5% in the 1st quarter. Kestra Advisory Services LLC now owns 135,271 shares of the company’s stock valued at $6,726,000 after buying an additional 5,857 shares during the period. Private Advisor Group LLC acquired a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at $225,000. Catalina Capital Group LLC increased its stake in FT Vest U.S. Equity Buffer ETF – December by 1.1% in the 1st quarter. Catalina Capital Group LLC now owns 19,061 shares of the company’s stock valued at $948,000 after buying an additional 200 shares during the period. Finally, Apollon Wealth Management LLC increased its stake in FT Vest U.S. Equity Buffer ETF – December by 48.4% in the 1st quarter. Apollon Wealth Management LLC now owns 7,131 shares of the company’s stock valued at $355,000 after buying an additional 2,327 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.