FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) Reaches New 12-Month High – Here’s Why

FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) hit a new 52-week high during trading on Tuesday . The company traded as high as $34.63 and last traded at $34.63, with a volume of 1100 shares traded. The stock had previously closed at $34.46.

FT Vest Nasdaq-100 Buffer ETF – December Price Performance

The company has a market cap of $644.12 million, a P/E ratio of 30.41 and a beta of 0.72. The stock has a 50-day moving average of $32.50 and a 200 day moving average of $32.28.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of QDEC. Arkadios Wealth Advisors increased 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 acquired a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the third quarter valued at about $442,000. JPMorgan Chase & Co. acquired a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the third quarter valued at about $78,000. Sunbelt Securities Inc. boosted its stake 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 valued at $497,000 after buying an additional 9,100 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in FT Vest Nasdaq-100 Buffer ETF – December by 0.7% in 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.

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.