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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) hit a new 52-week high on Tuesday . The stock traded as high as $53.83 and last traded at $53.74, with a volume of 19004 shares changing hands. The stock had previously closed at $53.74.

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

The stock has a market capitalization of $1.17 billion, a P/E ratio of 25.01 and a beta of 0.65. The business’s 50 day simple moving average is $51.32 and its 200-day simple moving average is $50.98.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Assetmark Inc. lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 10.7% in the 1st quarter. Assetmark Inc. now owns 281,963 shares of the company’s stock valued at $14,019,000 after purchasing an additional 27,216 shares during the period. Kestra Advisory Services LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 4.5% in the 1st quarter. Kestra Advisory Services LLC now owns 135,271 shares of the company’s stock valued at $6,726,000 after purchasing an additional 5,857 shares during the period. Private Advisor Group LLC acquired a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the 1st quarter valued at $225,000. Catalina Capital Group LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 1.1% in the 1st quarter. Catalina Capital Group LLC now owns 19,061 shares of the company’s stock valued at $948,000 after purchasing an additional 200 shares during the period. Finally, Apollon Wealth Management LLC lifted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 48.4% in the 1st quarter. Apollon Wealth Management LLC now owns 7,131 shares of the company’s stock valued at $355,000 after purchasing an additional 2,327 shares during the period.

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.