FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sets New 12-Month High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s share price reached a new 52-week high on Monday . The company traded as high as $55.11 and last traded at $55.06, with a volume of 7438 shares trading hands. The stock had previously closed at $54.84.

FT Vest U.S. Equity Buffer ETF – December Trading Up 0.6%

The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 25.01 and a beta of 0.65. The stock’s 50 day moving average price is $54.41 and its 200 day moving average price is $52.64.

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

A number of institutional investors and hedge funds have recently made changes to their positions in FDEC. Royal Bank of Canada grew its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 2.9% in the first quarter. Royal Bank of Canada now owns 31,524 shares of the company’s stock valued at $1,368,000 after buying an additional 876 shares in the last quarter. AQR Capital Management LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – December in the first quarter valued at $417,000. Goldman Sachs Group Inc. bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $222,000. Gallagher Fiduciary Advisors LLC grew its position in shares of FT Vest U.S. Equity Buffer ETF – December by 46.5% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 14,613 shares of the company’s stock valued at $682,000 after acquiring an additional 4,636 shares during the period. Finally, Raymond James Financial Inc. increased its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 47.4% during the 3rd quarter. Raymond James Financial Inc. now owns 374,639 shares of the company’s stock worth $18,447,000 after purchasing an additional 120,506 shares during the last quarter.

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.