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

FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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 Price Performance

The firm has a market capitalization of $929.64 million, a P/E ratio of 24.65 and a beta of 0.72. The stock’s 50-day simple moving average is $44.06 and its two-hundred day simple moving average is $43.09.

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

Large investors have recently bought and sold shares of the business. Founders Financial Securities LLC purchased a new position in shares of FT Vest U.S. Equity Buffer ETF – December in the 2nd quarter valued at $229,000. Sanctuary Advisors LLC bought a new stake in FT Vest U.S. Equity Buffer ETF – December during the second quarter valued at about $1,084,000. New Wave Wealth Advisors LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December in the second quarter valued at about $254,000. Bank of New York Mellon Corp purchased a new position in FT Vest U.S. Equity Buffer ETF – December in the second quarter valued at about $648,000. Finally, Clear Creek Financial Management LLC purchased a new stake in shares of FT Vest U.S. Equity Buffer ETF – December during the second quarter valued at about $226,000.

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.