FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) Hits New 52-Week High – Should You Buy?

Shares of FT Vest Nasdaq-100 Buffer ETF – December (BATS:QDEC) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $36.03 and last traded at $36.00, with a volume of 4068 shares changing hands. The stock had previously closed at $35.98.

FT Vest Nasdaq-100 Buffer ETF – December Price Performance

The company has a market capitalization of $669.23 million, a PE ratio of 30.41 and a beta of 0.72. The stock has a 50-day moving average of $35.35 and a 200 day moving average of $33.87.

Institutional Investors Weigh In On FT Vest Nasdaq-100 Buffer ETF – December

A number of hedge funds have recently made changes to their positions in QDEC. JPMorgan Chase & Co. purchased a new position in shares of FT Vest Nasdaq-100 Buffer ETF – December in the 3rd quarter worth about $78,000. Share Andrew L. bought a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the fourth quarter worth about $205,000. Equitable Trust Co. bought a new stake in FT Vest Nasdaq-100 Buffer ETF – December in the first quarter worth about $310,000. 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 acquiring an additional 9,100 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its position in shares of FT Vest Nasdaq-100 Buffer ETF – December by 66.2% during the 4th quarter. Arkadios Wealth Advisors now owns 25,167 shares of the company’s stock valued at $819,000 after acquiring an additional 10,023 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.