Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 52-Week High – What’s Next?

Shares of Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $47.62 and last traded at $47.6060, with a volume of 11,168 shares trading hands. The stock had previously closed at $47.54.

Innovator U.S. Equity Power Buffer ETF – December Stock Up 0.1%

The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48. The business has a 50 day moving average price of $47.13 and a 200-day moving average price of $45.28.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Independent Financial Group LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the first quarter valued at $2,771,000. Kestra Advisory Services LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – December by 19.3% during the 1st quarter. Kestra Advisory Services LLC now owns 315,262 shares of the company’s stock valued at $13,399,000 after purchasing an additional 50,894 shares in the last quarter. Financial Solutions Advisory Group Inc. acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter valued at $1,011,000. GTS Financial LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth $5,406,000. Finally, Talon Private Wealth LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth $1,171,000.

About Innovator U.S. Equity Power Buffer ETF – December

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.