Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 1-Year High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) shares reached a new 52-week high on Monday . The stock traded as high as $46.06 and last traded at $46.06, with a volume of 6567 shares changing hands. The stock had previously closed at $45.89.

Innovator U.S. Equity Power Buffer ETF – December Stock Up 0.4%

The firm has a market cap of $1.23 billion, a P/E ratio of 24.83 and a beta of 0.48. The firm’s 50-day simple moving average is $45.49 and its 200 day simple moving average is $44.15.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – December

Institutional investors have recently bought and sold shares of the company. NBC Securities Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 99.0% in the fourth quarter. NBC Securities Inc. now owns 581 shares of the company’s stock worth $25,000 after buying an additional 289 shares in the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter valued at approximately $35,000. Northwestern Mutual Wealth Management Co. bought a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter worth approximately $37,000. Atlantic Private Wealth LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter worth approximately $38,000. Finally, Key Capital Management INC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 4th quarter worth approximately $46,000.

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.