FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Stock Price Down 0.4% – What’s Next?

Shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) traded down 0.4% during mid-day trading on Monday . The company traded as low as $48.63 and last traded at $48.74. 21,254 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 38,533 shares. The stock had previously closed at $48.94.

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

The firm has a 50 day simple moving average of $50.95 and a two-hundred day simple moving average of $50.41. The stock has a market cap of $1.09 billion, a P/E ratio of 25.01 and a beta of 0.65.

Institutional Investors Weigh In On FT Vest U.S. Equity Buffer ETF – December

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mather Group LLC. bought a new position in FT Vest U.S. Equity Buffer ETF – December in the 3rd quarter valued at about $56,000. Ameritas Investment Partners Inc. raised its position in shares of FT Vest U.S. Equity Buffer ETF – December by 44.5% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,445 shares of the company’s stock worth $67,000 after buying an additional 445 shares in the last quarter. Evolution Wealth Management Inc. acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the 2nd quarter worth approximately $81,000. United Capital Financial Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – December in the 3rd quarter worth approximately $210,000. Finally, Goldman Sachs Group Inc. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the first quarter valued at approximately $222,000.

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.