FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) Stock Passes Above 200-Day Moving Average – Here’s Why

FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $38.93 and traded as high as $40.09. FT Vest U.S. Equity Deep Buffer ETF – December shares last traded at $40.06, with a volume of 4,603 shares changing hands.

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

The firm has a market capitalization of $351.76 million, a P/E ratio of 23.85 and a beta of 0.52. The stock’s 50 day simple moving average is $39.68 and its 200 day simple moving average is $38.93.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in FT Vest U.S. Equity Deep Buffer ETF – December stock. Certified Advisory Corp purchased a new position in FT Vest U.S. Equity Deep Buffer ETF – December (BATS:DDEC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,220 shares of the company’s stock, valued at approximately $240,000. Certified Advisory Corp owned 0.07% of FT Vest U.S. Equity Deep Buffer ETF – December as of its most recent filing with the Securities and Exchange Commission.

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

The FT Cboe Vest U.S. Equity Deep Buffer ETF – December (DDEC) is an exchange-traded fund that is based on the SPDR S&P 500 ETF Trust index. 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. DDEC was launched on Dec 18, 2020 and is managed by First Trust.