FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Hits New 52-Week High – Should You Buy?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares reached a new 52-week high on Friday . The stock traded as high as $54.18 and last traded at $54.11, with a volume of 1307 shares changing hands. The stock had previously closed at $53.95.

FT Vest U.S. Equity Buffer ETF – December Stock Up 0.2%

The company has a market cap of $1.18 billion, a P/E ratio of 25.01 and a beta of 0.65. The company’s 50-day moving average is $51.81 and its two-hundred day moving average is $51.23.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Catalina Capital Group LLC grew its position in FT Vest U.S. Equity Buffer ETF – December by 1.1% during the first quarter. Catalina Capital Group LLC now owns 19,061 shares of the company’s stock valued at $948,000 after buying an additional 200 shares during the period. Sunbelt Securities Inc. grew its position in FT Vest U.S. Equity Buffer ETF – December by 2.4% during the first quarter. Sunbelt Securities Inc. now owns 8,911 shares of the company’s stock valued at $443,000 after buying an additional 210 shares during the period. Main Street Financial Solutions LLC grew its position in FT Vest U.S. Equity Buffer ETF – December by 5.3% during the fourth quarter. Main Street Financial Solutions LLC now owns 7,808 shares of the company’s stock valued at $400,000 after buying an additional 390 shares during the period. Arbor Capital Management Inc. ADV grew its position in FT Vest U.S. Equity Buffer ETF – December by 4.8% during the fourth quarter. Arbor Capital Management Inc. ADV now owns 9,602 shares of the company’s stock valued at $493,000 after buying an additional 442 shares during the period. Finally, DHJJ Financial Advisors Ltd. grew its position in FT Vest U.S. Equity Buffer ETF – December by 3.4% during the fourth quarter. DHJJ Financial Advisors Ltd. now owns 16,256 shares of the company’s stock valued at $832,000 after buying an additional 540 shares during the period.

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.