FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Reaches New 12-Month High – What’s Next?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $49.97 and last traded at $50.0490, with a volume of 30010 shares changing hands. The stock had previously closed at $49.3265.

FT Vest U.S. Equity Buffer ETF – December Stock Up 1.5%

The company has a 50 day moving average of $49.43 and a 200 day moving average of $47.70. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 25.01 and a beta of 0.65.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Griffith & Werner Inc. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the third quarter worth approximately $32,680,000. Grant Private Wealth Management Inc purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the second quarter worth approximately $28,203,000. Commonwealth Equity Services LLC boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 60.2% in the 1st quarter. Commonwealth Equity Services LLC now owns 524,751 shares of the company’s stock valued at $22,776,000 after purchasing an additional 197,104 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 47.4% in the 3rd quarter. Raymond James Financial Inc. now owns 374,639 shares of the company’s stock valued at $18,447,000 after purchasing an additional 120,506 shares during the last quarter. Finally, BAM Wealth Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the 3rd quarter valued at $4,609,000.

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.