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) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $31.20 and last traded at $31.2690, with a volume of 76414 shares changing hands. The stock had previously closed at $30.82.

FT Vest Nasdaq-100 Buffer ETF – December Price Performance

The stock has a market cap of $585.62 million, a PE ratio of 30.41 and a beta of 0.72. The stock’s fifty day moving average is $31.29 and its 200-day moving average is $29.97.

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

Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. acquired a new position in FT Vest Nasdaq-100 Buffer ETF – December in the third quarter valued at approximately $78,000. Nova Wealth Management Inc. acquired a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December in the 3rd quarter valued at $115,000. OLD Mission Capital LLC purchased a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December during the 1st quarter worth $255,000. Winnow Wealth LLC purchased a new position in FT Vest Nasdaq-100 Buffer ETF – December during the third quarter worth about $442,000. Finally, Arkadios Wealth Advisors boosted its position in shares of FT Vest Nasdaq-100 Buffer ETF – December by 2.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 15,144 shares of the company’s stock worth $471,000 after purchasing an additional 380 shares during the period.

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.