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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDECGet Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as $51.50 and last traded at $51.0970, with a volume of 76490 shares trading hands. The stock had previously closed at $51.51.

FT Vest U.S. Equity Buffer ETF – December Stock Down 0.6%

The stock’s 50-day moving average price is $50.72 and its 200-day moving average price is $49.23. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 25.01 and a beta of 0.65.

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

Several hedge funds have recently added to or reduced their stakes in FDEC. Silver Oak Securities Incorporated acquired a new position in FT Vest U.S. Equity Buffer ETF – December during the fourth quarter valued at approximately $350,000. Brookstone Capital Management grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 4.3% in the 4th quarter. Brookstone Capital Management now owns 14,036 shares of the company’s stock valued at $718,000 after buying an additional 581 shares during the period. Chris Bulman Inc increased its position in shares of FT Vest U.S. Equity Buffer ETF – December by 85.7% in the 4th quarter. Chris Bulman Inc now owns 7,968 shares of the company’s stock valued at $408,000 after buying an additional 3,678 shares in the last quarter. Legacy Solutions LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – December during the 4th quarter worth $417,000. Finally, Signal Advisors Wealth LLC raised its stake in FT Vest U.S. Equity Buffer ETF – December by 73.5% during the 4th quarter. Signal Advisors Wealth LLC now owns 16,407 shares of the company’s stock worth $840,000 after buying an additional 6,952 shares during the period.

About FT Vest U.S. Equity Buffer ETF – December

(Get Free Report)

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.

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