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 stock price hit a new 52-week high on Monday . The company traded as high as $35.73 and last traded at $35.73, with a volume of 5744 shares changing hands. The stock had previously closed at $35.28.

FT Vest Nasdaq-100 Buffer ETF – December Trading Up 1.2%

The stock has a market cap of $664.21 million, a P/E ratio of 30.41 and a beta of 0.72. The firm’s 50-day simple moving average is $34.39 and its 200 day simple moving average is $33.04.

Institutional Trading of FT Vest Nasdaq-100 Buffer ETF – December

Several institutional investors and hedge funds have recently added to or reduced their stakes in QDEC. Janney Montgomery Scott LLC lifted its stake 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 valued at $2,487,000 after buying an additional 500 shares in the last quarter. Sunbelt Securities Inc. boosted its stake in FT Vest Nasdaq-100 Buffer ETF – December by 5.1% in the 1st 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 period. JPMorgan Chase & Co. acquired a new position in FT Vest Nasdaq-100 Buffer ETF – December in the 3rd quarter worth approximately $78,000. Share Andrew L. acquired a new position in FT Vest Nasdaq-100 Buffer ETF – December in the 4th quarter worth approximately $205,000. Finally, Equitable Trust Co. acquired a new position in FT Vest Nasdaq-100 Buffer ETF – December in the 1st quarter worth approximately $310,000.

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.