Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)’s stock price reached a new 52-week high on Friday . The stock traded as high as $45.65 and last traded at $45.64, with a volume of 1490 shares trading hands. The stock had previously closed at $45.52.

Innovator U.S. Equity Power Buffer ETF – December Trading Up 0.3%

The company’s 50 day moving average is $43.91 and its 200-day moving average is $43.51. The stock has a market cap of $1.22 billion, a PE ratio of 24.83 and a beta of 0.48.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PDEC. Focus Partners Wealth lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 4,413.2% in the 4th quarter. Focus Partners Wealth now owns 1,112,771 shares of the company’s stock worth $48,272,000 after acquiring an additional 1,088,115 shares during the period. Brookstone Capital Management lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 412.0% in the 4th quarter. Brookstone Capital Management now owns 840,921 shares of the company’s stock valued at $36,479,000 after acquiring an additional 676,677 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 3,514.8% in the 3rd quarter. Susquehanna International Group LLP now owns 404,564 shares of the company’s stock valued at $17,000,000 after acquiring an additional 393,372 shares in the last quarter. Caprock Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 4th quarter worth approximately $11,269,000. Finally, Pathstone Holdings LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter worth $9,266,000.

Innovator U.S. Equity Power Buffer ETF – December Company Profile

The Innovator U.S. Equity Power Buffer ETF – December (PDEC) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. PDEC was launched on Dec 2, 2019 and is managed by Innovator.