FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) Share Price Passes Above 200-Day Moving Average – What’s Next?

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $43.08 and traded as high as $44.67. FT Vest U.S. Equity Buffer ETF – December shares last traded at $44.63, with a volume of 10,049 shares changing hands.

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

The company has a market capitalization of $929.64 million, a PE ratio of 24.65 and a beta of 0.72. The company has a 50 day moving average price of $44.04 and a 200 day moving average price of $43.08.

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

Several large investors have recently modified their holdings of FDEC. Envestnet Asset Management Inc. boosted its position in shares of FT Vest U.S. Equity Buffer ETF – December by 62.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 592,095 shares of the company’s stock valued at $25,194,000 after purchasing an additional 226,584 shares during the period. Cetera Investment Advisers grew its position in FT Vest U.S. Equity Buffer ETF – December by 167.4% during the first quarter. Cetera Investment Advisers now owns 294,951 shares of the company’s stock valued at $12,155,000 after purchasing an additional 184,666 shares in the last quarter. Legacy Capital Group California Inc. purchased a new stake in FT Vest U.S. Equity Buffer ETF – December in the 2nd quarter worth approximately $4,267,000. Assetmark Inc. boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 196.1% during the 3rd quarter. Assetmark Inc. now owns 69,152 shares of the company’s stock valued at $3,028,000 after buying an additional 45,800 shares during the period. Finally, AE Wealth Management LLC boosted its stake in shares of FT Vest U.S. Equity Buffer ETF – December by 77.1% during the 2nd quarter. AE Wealth Management LLC now owns 103,083 shares of the company’s stock valued at $4,386,000 after buying an additional 44,876 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.