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

Shares of FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $30.41 and last traded at $30.48, with a volume of 38666 shares. The stock had previously closed at $30.18.

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

The stock has a fifty day moving average of $29.91 and a 200-day moving average of $28.07. The stock has a market cap of $567.93 million, a PE ratio of 30.41 and a beta of 0.72.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Creative Financial Designs Inc. ADV purchased a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the 1st quarter worth approximately $74,000. NBC Securities Inc. increased its holdings in shares of FT Vest Nasdaq-100 Buffer ETF – December by 107,716.7% during the 1st quarter. NBC Securities Inc. now owns 6,469 shares of the company’s stock worth $169,000 after buying an additional 6,463 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of FT Vest Nasdaq-100 Buffer ETF – December in the first quarter worth $255,000. ORG Partners LLC purchased a new stake in FT Vest Nasdaq-100 Buffer ETF – December during the 1st quarter worth $414,000. Finally, Novem Group purchased a new stake in FT Vest Nasdaq-100 Buffer ETF – December during the 4th quarter worth $454,000.

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.