FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) Reaches New 12-Month High – Time to Buy?

FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) reached a new 52-week high during trading on Wednesday. The stock traded as high as $36.92 and last traded at $36.92, with a volume of 1188 shares traded. The stock had previously closed at $36.80.

FT Vest Nasdaq-100 Buffer ETF – December Stock Up 0.3%

The company’s 50 day simple moving average is $35.99 and its two-hundred day simple moving average is $34.85. The company has a market capitalization of $686.53 million, a price-to-earnings ratio of 30.41 and a beta of 0.72.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Buffer ETF – December

Several hedge funds have recently made changes to their positions in QDEC. Janney Montgomery Scott LLC raised its stake in FT Vest Nasdaq-100 Buffer ETF – December by 246.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 264,928 shares of the company’s stock worth $8,335,000 after acquiring an additional 188,488 shares during the last quarter. Sunbelt Securities Inc. raised its stake in shares of FT Vest Nasdaq-100 Buffer ETF – December by 5.1% in the first quarter. Sunbelt Securities Inc. now owns 16,760 shares of the company’s stock worth $527,000 after purchasing an additional 820 shares during the last quarter. Equitable Trust Co. acquired a new stake in shares of FT Vest Nasdaq-100 Buffer ETF – December during the first quarter worth about $310,000. Finally, Share Andrew L. purchased a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the fourth quarter valued at approximately $205,000.

FT Vest Nasdaq-100 Buffer ETF – December Company Profile

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.