FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) Sets New 52-Week High – Still a Buy?

FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $31.20 and last traded at $32.2320, with a volume of 76414 shares changing hands. The stock had previously closed at $30.82.

FT Vest Nasdaq-100 Buffer ETF – December Stock Performance

The firm has a market capitalization of $598.75 million, a P/E ratio of 30.41 and a beta of 0.72. The business has a 50 day simple moving average of $31.49 and a two-hundred day simple moving average of $30.26.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Sunbelt Securities Inc. raised its holdings in FT Vest Nasdaq-100 Buffer ETF – December by 132.6% in the third quarter. Sunbelt Securities Inc. now owns 15,965 shares of the company’s stock worth $497,000 after buying an additional 9,100 shares during the last quarter. Arkadios Wealth Advisors boosted its position in shares of FT Vest Nasdaq-100 Buffer ETF – December by 2.6% in the third 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. Winnow Wealth LLC bought a new stake in FT Vest Nasdaq-100 Buffer ETF – December during the third quarter valued at about $442,000. OLD Mission Capital LLC bought a new stake in FT Vest Nasdaq-100 Buffer ETF – December during the 1st quarter valued at approximately $255,000. Finally, Nova Wealth Management Inc. purchased a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December in the third quarter worth $115,000.

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.