Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Hits New 1-Year High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $47.05 and last traded at $47.05, with a volume of 903 shares. The stock had previously closed at $46.97.

Innovator U.S. Equity Power Buffer ETF – December Price Performance

The firm has a fifty day moving average of $46.25 and a 200 day moving average of $44.93. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. NBC Securities Inc. grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 99.0% during the fourth quarter. NBC Securities Inc. now owns 581 shares of the company’s stock worth $25,000 after purchasing an additional 289 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December in the fourth quarter valued at $35,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December in the third quarter valued at about $37,000. Atlantic Private Wealth LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter valued at about $38,000. Finally, Bank of America Corp DE purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter worth $72,000.

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.