FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Hits New 12-Month High – Still a Buy?

Shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) hit a new 52-week high on Monday . The company traded as high as $56.20 and last traded at $56.21, with a volume of 17827 shares. The stock had previously closed at $55.79.

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

The stock has a market capitalization of $1.23 billion, a P/E ratio of 25.01 and a beta of 0.65. The business has a fifty day simple moving average of $55.33 and a 200-day simple moving average of $53.62.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. RFG Advisory LLC lifted its holdings in shares of FT Vest U.S. Equity Buffer ETF – December by 10.3% in the second quarter. RFG Advisory LLC now owns 29,376 shares of the company’s stock valued at $1,600,000 after purchasing an additional 2,747 shares in the last quarter. Citadel Advisors LLC increased its holdings in FT Vest U.S. Equity Buffer ETF – December by 7.3% in the 2nd quarter. Citadel Advisors LLC now owns 18,241 shares of the company’s stock worth $994,000 after acquiring an additional 1,248 shares during the last quarter. Schulz Wealth LTD. bought a new stake in FT Vest U.S. Equity Buffer ETF – December during the 2nd quarter valued at $8,078,000. Ameritas Advisory Services LLC boosted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 149.9% in the second quarter. Ameritas Advisory Services LLC now owns 33,455 shares of the company’s stock valued at $1,822,000 after acquiring an additional 20,069 shares during the period. Finally, CoreCap Advisors LLC raised its position in shares of FT Vest U.S. Equity Buffer ETF – December by 2.9% in the second quarter. CoreCap Advisors LLC now owns 14,593 shares of the company’s stock worth $795,000 after buying an additional 412 shares in the last quarter.

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.