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

FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) shares hit a new 52-week high during trading on Monday . The company traded as high as $31.20 and last traded at $32.4010, with a volume of 76414 shares trading hands. The stock had previously closed at $30.82.

FT Vest Nasdaq-100 Buffer ETF – December Stock Down 0.4%

The firm has a market capitalization of $604.13 million, a P/E ratio of 30.41 and a beta of 0.72. The business’s 50 day moving average is $32.57 and its two-hundred day moving average is $31.49.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Arkadios Wealth Advisors increased its stake in shares of 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 valued at $471,000 after acquiring an additional 380 shares during the period. Winnow Wealth LLC acquired a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the third quarter worth approximately $442,000. Nova Wealth Management Inc. bought a new position in FT Vest Nasdaq-100 Buffer ETF – December during the 3rd quarter valued at $115,000. Sunbelt Securities Inc. increased its position in shares of FT Vest Nasdaq-100 Buffer ETF – December by 132.6% during 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 during the period. Finally, JPMorgan Chase & Co. acquired a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December during the 3rd quarter valued at $78,000.

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.