Kingswood Wealth Advisors LLC Acquires New Position in FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)

Kingswood Wealth Advisors LLC acquired a new stake in FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,416 shares of the company’s stock, valued at approximately $306,000.

A number of other hedge funds have also recently modified their holdings of FDEC. TFB Advisors LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the fourth quarter worth about $203,000. Harvest Investment Services LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the fourth quarter worth about $709,000. Avidian Wealth Solutions LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the fourth quarter worth about $257,000. Raymond James Financial Services Advisors Inc. boosted its stake in FT Vest U.S. Equity Buffer ETF – December by 71.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 96,816 shares of the company’s stock worth $3,775,000 after buying an additional 40,372 shares during the period. Finally, Great Lakes Retirement Inc. purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the fourth quarter worth about $378,000.

FT Vest U.S. Equity Buffer ETF – December Trading Down 0.1 %

Shares of FDEC stock opened at $42.55 on Friday. The stock has a market capitalization of $886.32 million, a price-to-earnings ratio of 24.65 and a beta of 0.72. The stock’s fifty day moving average is $41.72 and its 200-day moving average is $40.60.

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