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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares hit a new 52-week high during trading on Monday . The company traded as high as $56.20 and last traded at $56.21, with a volume of 17827 shares traded. The stock had previously closed at $55.79.

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

The firm has a market capitalization of $1.23 billion, a P/E ratio of 25.01 and a beta of 0.65. The firm has a 50-day moving average of $55.33 and a 200-day moving average of $53.62.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of FDEC. Schulz Wealth LTD. acquired a new stake in FT Vest U.S. Equity Buffer ETF – December during the second quarter valued at $8,078,000. Leigh Baldwin & CO. LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 1,169.5% in the first quarter. Leigh Baldwin & CO. LLC now owns 73,885 shares of the company’s stock worth $3,674,000 after acquiring an additional 68,065 shares during the last quarter. Assetmark Inc. grew its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 10.7% during the first quarter. Assetmark Inc. now owns 281,963 shares of the company’s stock worth $14,019,000 after buying an additional 27,216 shares in the last quarter. Faithward Advisors LLC lifted its stake in FT Vest U.S. Equity Buffer ETF – December by 41.4% in the 1st quarter. Faithward Advisors LLC now owns 85,610 shares of the company’s stock worth $4,257,000 after purchasing an additional 25,078 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in FT Vest U.S. Equity Buffer ETF – December by 255.5% during the fourth quarter. HighTower Advisors LLC now owns 34,397 shares of the company’s stock worth $1,761,000 after buying an additional 24,721 shares in the last quarter.

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.