FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) Reaches New 1-Year High – Time to 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 $32.8450, 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 stock has a market cap of $612.50 million, a P/E ratio of 30.41 and a beta of 0.72. The company’s fifty day moving average price is $32.08 and its 200-day moving average price is $30.99.

Institutional Investors Weigh In On FT Vest Nasdaq-100 Buffer ETF – December

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QDEC. JPMorgan Chase & Co. purchased a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December during the third quarter worth approximately $78,000. Sunbelt Securities Inc. boosted its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – December by 132.6% in the third quarter. Sunbelt Securities Inc. now owns 15,965 shares of the company’s stock valued at $497,000 after purchasing an additional 9,100 shares during the period. Winnow Wealth LLC bought a new position in FT Vest Nasdaq-100 Buffer ETF – December in the third quarter worth approximately $442,000. Arkadios Wealth Advisors increased its holdings in FT Vest Nasdaq-100 Buffer ETF – December by 2.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 15,144 shares of the company’s stock worth $471,000 after purchasing an additional 380 shares during the period. Finally, Nova Wealth Management Inc. purchased a new position in FT Vest Nasdaq-100 Buffer ETF – December during the 3rd quarter worth $115,000.

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.