FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) Sets New 52-Week High – Still a Buy?

FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $31.20 and last traded at $32.6910, with a volume of 76414 shares changing hands. The stock had previously closed at $30.82.

FT Vest Nasdaq-100 Buffer ETF – December Stock Performance

The company has a market cap of $607.94 million, a PE ratio of 30.41 and a beta of 0.72. The firm has a fifty day simple moving average of $31.92 and a 200 day simple moving average of $30.76.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. acquired a new stake in FT Vest Nasdaq-100 Buffer ETF – December during the 3rd quarter valued at $78,000. Nova Wealth Management Inc. bought a new stake in FT Vest Nasdaq-100 Buffer ETF – December during the 3rd quarter worth about $115,000. OLD Mission Capital LLC acquired a new position in FT Vest Nasdaq-100 Buffer ETF – December in the first quarter valued at approximately $255,000. Winnow Wealth LLC bought a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December in the 3rd quarter worth $442,000. Finally, Arkadios Wealth Advisors boosted its holdings in FT Vest Nasdaq-100 Buffer ETF – December by 2.6% during the third quarter. Arkadios Wealth Advisors now owns 15,144 shares of the company’s stock worth $471,000 after buying an additional 380 shares during the last quarter.

About FT Vest Nasdaq-100 Buffer ETF – December

The FT Cboe Vest Nasdaq-100 Buffer ETF – December (QDEC) is an exchange-traded fund that is based on the NASDAQ 100 – USD index. The fund aims for specific buffered losses and capped gains on QQQ ETF over a specific holdings period. The actively-managed fund holds options and collateral. QDEC was launched on Dec 18, 2020 and is managed by First Trust.