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

FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $35.78 and last traded at $35.73, with a volume of 15302 shares. The stock had previously closed at $35.43.

FT Vest Nasdaq-100 Buffer ETF – December Stock Performance

The company has a market capitalization of $666.07 million, a PE ratio of 30.41 and a beta of 0.72. The firm’s 50-day simple moving average is $35.34 and its 200 day simple moving average is $33.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new position in FT Vest Nasdaq-100 Buffer ETF – December in the third quarter valued at about $78,000. Sunbelt Securities Inc. increased its stake in FT Vest Nasdaq-100 Buffer ETF – December by 132.6% in the 3rd 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 in the last quarter. Janney Montgomery Scott LLC raised its holdings in FT Vest Nasdaq-100 Buffer ETF – December by 0.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 76,440 shares of the company’s stock worth $2,487,000 after purchasing an additional 500 shares during the last quarter. Arkadios Wealth Advisors boosted its position in FT Vest Nasdaq-100 Buffer ETF – December by 66.2% during the fourth quarter. Arkadios Wealth Advisors now owns 25,167 shares of the company’s stock worth $819,000 after purchasing an additional 10,023 shares in the last quarter. Finally, Share Andrew L. acquired a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the fourth quarter valued at $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.