FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Reaches New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $54.18 and last traded at $54.11, with a volume of 1307 shares changing hands. The stock had previously closed at $53.95.

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

The stock has a fifty day moving average price of $51.75 and a 200-day moving average price of $51.21. The company 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

Hedge funds have recently modified their holdings of the business. United Capital Financial Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the third quarter valued at $210,000. Goldman Sachs Group Inc. purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the first quarter valued at $222,000. Private Advisor Group LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the first quarter valued at $225,000. New Wave Wealth Advisors LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the fourth quarter worth $232,000. Finally, Cornerstone Wealth LLC TN purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the first quarter worth $234,000.

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.