FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) Sets New 12-Month High – Still a Buy?

FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $35.73 and last traded at $35.73, with a volume of 5744 shares. The stock had previously closed at $35.28.

FT Vest Nasdaq-100 Buffer ETF – December Stock Performance

The business’s 50 day moving average is $34.39 and its 200 day moving average is $33.04. The stock has a market cap of $664.21 million, a price-to-earnings ratio of 30.41 and a beta of 0.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of QDEC. Janney Montgomery Scott LLC raised its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – December by 246.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 264,928 shares of the company’s stock valued at $8,335,000 after purchasing an additional 188,488 shares in the last quarter. Arkadios Wealth Advisors raised its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – December by 66.2% during the 4th quarter. Arkadios Wealth Advisors now owns 25,167 shares of the company’s stock valued at $819,000 after purchasing an additional 10,023 shares in the last quarter. Equitable Trust Co. bought a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December during the 1st quarter valued at $310,000. Sunbelt Securities Inc. raised its holdings 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 worth $497,000 after acquiring an additional 9,100 shares during the period. Finally, Share Andrew L. bought a new position in FT Vest Nasdaq-100 Buffer ETF – December in the 4th quarter worth $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.