FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Hits New 12-Month High – Here’s Why

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s stock price reached a new 52-week high on Thursday . The company traded as high as $54.30 and last traded at $54.24, with a volume of 9458 shares traded. The stock had previously closed at $54.22.

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

The stock has a 50-day moving average of $52.20 and a two-hundred day moving average of $51.39. The company has a market cap of $1.19 billion, a P/E ratio of 25.01 and a beta of 0.65.

Institutional Trading of FT Vest U.S. Equity Buffer ETF – December

Hedge funds and other institutional investors have recently bought and sold shares of the stock. United Capital Financial Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the third quarter valued at approximately $210,000. Cornerstone Wealth LLC TN bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the first quarter valued at approximately $234,000. Private Advisor Group LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the first quarter valued at approximately $225,000. New Wave Wealth Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the fourth quarter valued at approximately $232,000. Finally, Envestnet Portfolio Solutions Inc. bought a new stake in FT Vest U.S. Equity Buffer ETF – December in the third quarter valued at approximately $240,000.

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.