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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $53.52 and last traded at $53.46, with a volume of 610 shares traded. The stock had previously closed at $53.05.

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

The company’s 50-day moving average is $51.15 and its 200 day moving average is $50.86. The company has a market capitalization of $1.17 billion, a PE ratio of 25.01 and a beta of 0.65.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FDEC. Kestra Advisory Services LLC grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 4.5% during the first 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 last quarter. Private Advisor Group LLC bought a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at approximately $225,000. Catalina Capital Group LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – December by 1.1% during the 1st quarter. Catalina Capital Group LLC now owns 19,061 shares of the company’s stock valued at $948,000 after purchasing an additional 200 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in FT Vest U.S. Equity Buffer ETF – December by 48.4% during the 1st quarter. Apollon Wealth Management LLC now owns 7,131 shares of the company’s stock valued at $355,000 after purchasing an additional 2,327 shares during the last quarter. Finally, FWG Investments LLC. increased its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 5.9% in the 1st quarter. FWG Investments LLC. now owns 35,431 shares of the company’s stock worth $1,762,000 after purchasing an additional 1,967 shares in 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.