Kingswood Wealth Advisors LLC Decreases Position in FT Vest U.S. Equity Buffer ETF – December $FDEC

Kingswood Wealth Advisors LLC cut its stake in shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) by 67.5% during the second quarter, HoldingsChannel reports. The firm owned 10,548 shares of the company’s stock after selling 21,900 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in FT Vest U.S. Equity Buffer ETF – December were worth $492,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Envestnet Asset Management Inc. raised its position in FT Vest U.S. Equity Buffer ETF – December by 2.5% during the first quarter. Envestnet Asset Management Inc. now owns 684,902 shares of the company’s stock valued at $29,728,000 after purchasing an additional 16,900 shares during the period. Grant Private Wealth Management Inc purchased a new stake in FT Vest U.S. Equity Buffer ETF – December during the second quarter valued at approximately $28,203,000. Commonwealth Equity Services LLC raised its position in FT Vest U.S. Equity Buffer ETF – December by 60.2% during the first 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 period. Cetera Investment Advisers raised its position in FT Vest U.S. Equity Buffer ETF – December by 15.8% during the first quarter. Cetera Investment Advisers now owns 348,584 shares of the company’s stock valued at $15,130,000 after purchasing an additional 47,471 shares during the period. Finally, Bouchey Financial Group Ltd raised its position in FT Vest U.S. Equity Buffer ETF – December by 2.2% during the first quarter. Bouchey Financial Group Ltd now owns 343,670 shares of the company’s stock valued at $14,917,000 after purchasing an additional 7,457 shares during the period.

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

Shares of FDEC stock opened at $49.40 on Friday. FT Vest U.S. Equity Buffer ETF – December has a 1 year low of $39.42 and a 1 year high of $47.55. The stock’s 50 day simple moving average is $48.44 and its two-hundred day simple moving average is $45.99. The company has a market cap of $1.08 billion, a PE ratio of 25.01 and a beta of 0.65.

FT Vest U.S. Equity Buffer ETF – December Company Profile

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.