FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Sets New 52-Week High – Time to Buy?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $55.86 and last traded at $55.85, with a volume of 12898 shares trading hands. The stock had previously closed at $55.61.

FT Vest U.S. Equity Buffer ETF – December Trading Up 0.4%

The company has a market capitalization of $1.22 billion, a P/E ratio of 25.01 and a beta of 0.65. The company has a 50 day moving average price of $54.86 and a 200 day moving average price of $53.10.

Hedge Funds Weigh In On FT Vest U.S. Equity Buffer ETF – December

Several institutional investors and hedge funds have recently modified their holdings of FDEC. United Capital Financial Advisors LLC acquired a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the 3rd quarter worth about $210,000. Goldman Sachs Group Inc. acquired a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $222,000. Private Advisor Group LLC bought a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $225,000. Cornerstone Wealth LLC TN bought a new position in FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at about $234,000. Finally, Concurrent Investment Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – December during the fourth quarter worth approximately $274,000.

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.