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)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $31.20 and last traded at $32.7220, with a volume of 76414 shares changing hands. The stock had previously closed at $30.82.

FT Vest Nasdaq-100 Buffer ETF – December Stock Up 6.9%

The company has a market cap of $612.67 million, a PE ratio of 30.41 and a beta of 0.72. The firm’s 50-day moving average is $32.48 and its 200-day moving average is $31.36.

Hedge Funds Weigh In On FT Vest Nasdaq-100 Buffer ETF – December

Several large investors have recently made changes to their positions in QDEC. JPMorgan Chase & Co. purchased a new stake in shares of FT Vest Nasdaq-100 Buffer ETF – December in the 3rd quarter worth approximately $78,000. Nova Wealth Management Inc. purchased a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December in the 3rd quarter worth about $115,000. Winnow Wealth LLC bought a new position in FT Vest Nasdaq-100 Buffer ETF – December in the 3rd quarter worth about $442,000. Arkadios Wealth Advisors raised its position in FT Vest Nasdaq-100 Buffer ETF – December by 2.6% in the 3rd quarter. Arkadios Wealth Advisors now owns 15,144 shares of the company’s stock worth $471,000 after buying an additional 380 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its holdings 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 acquiring an additional 9,100 shares during the last quarter.

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.