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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $55.11 and last traded at $55.06, with a volume of 7438 shares. The stock had previously closed at $54.84.

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

The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 25.01 and a beta of 0.65. The business has a fifty day moving average of $54.36 and a 200 day moving average of $52.58.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – December

Large investors have recently modified their holdings of the business. Royal Bank of Canada lifted its position in FT Vest U.S. Equity Buffer ETF – December by 2.9% in the first 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 during the 1st quarter worth about $417,000. Goldman Sachs Group Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the 1st quarter valued at about $222,000. Gallagher Fiduciary Advisors LLC boosted its holdings in FT Vest U.S. Equity Buffer ETF – December by 46.5% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 14,613 shares of the company’s stock valued at $682,000 after acquiring an additional 4,636 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in FT Vest U.S. Equity Buffer ETF – December by 47.4% during the 3rd quarter. Raymond James Financial Inc. now owns 374,639 shares of the company’s stock valued at $18,447,000 after acquiring an additional 120,506 shares during the period.

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.