Raymond James Financial Inc. Invests $16.29 Million in FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)

Raymond James Financial Inc. purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 365,439 shares of the company’s stock, valued at approximately $16,289,000. Raymond James Financial Inc. owned approximately 1.75% of FT Vest U.S. Equity Buffer ETF – December at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Barclays PLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the 3rd quarter worth about $88,000. Encompass More Asset Management purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the 3rd quarter worth about $207,000. HBW Advisory Services LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the 4th quarter worth about $222,000. WESPAC Advisors SoCal LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the 4th quarter worth about $244,000. Finally, Plotkin Financial Advisors LLC bought a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the 3rd quarter valued at approximately $269,000.

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

Shares of FDEC stock opened at $43.83 on Tuesday. The stock’s 50 day simple moving average is $44.95 and its 200 day simple moving average is $44.43. FT Vest U.S. Equity Buffer ETF – December has a twelve month low of $40.08 and a twelve month high of $45.95. The company has a market capitalization of $996.26 million, a price-to-earnings ratio of 26.10 and a beta of 0.65.

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.