Stephens Inc. AR Cuts Position in FT Vest U.S. Equity Buffer ETF – December $FDEC

Stephens Inc. AR trimmed its holdings in shares of FT Vest U.S. Equity Buffer ETF – December (BATS:FDEC) by 55.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 140,448 shares of the company’s stock after selling 176,381 shares during the period. Stephens Inc. AR’s holdings in FT Vest U.S. Equity Buffer ETF – December were worth $6,554,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FDEC. Grant Private Wealth Management Inc purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the 2nd quarter worth $28,203,000. Commonwealth Equity Services LLC grew its stake in FT Vest U.S. Equity Buffer ETF – December by 60.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 524,751 shares of the company’s stock worth $22,776,000 after buying an additional 197,104 shares during the last quarter. NovaPoint Capital LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the 1st quarter worth $4,427,000. Cetera Investment Advisers grew its stake in FT Vest U.S. Equity Buffer ETF – December by 15.8% during the 1st quarter. Cetera Investment Advisers now owns 348,584 shares of the company’s stock worth $15,130,000 after buying an additional 47,471 shares during the last quarter. Finally, Leigh Baldwin & CO. LLC purchased a new position in FT Vest U.S. Equity Buffer ETF – December during the 1st quarter worth $1,974,000.

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

Shares of FDEC stock opened at $49.57 on Wednesday. FT Vest U.S. Equity Buffer ETF – December has a 1-year low of $39.42 and a 1-year high of $47.55. The stock’s fifty day moving average price is $48.71 and its 200 day moving average price is $46.31. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 25.01 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.