Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) reached a new 52-week high on Friday. The company traded as high as $47.59 and last traded at $47.58, with a volume of 10119 shares. The stock had previously closed at $47.45.

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

The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48. The business’s 50-day moving average price is $46.95 and its 200 day moving average price is $45.72.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – December

Several large investors have recently modified their holdings of the business. Focus Partners Wealth increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 4,413.2% in the fourth quarter. Focus Partners Wealth now owns 1,112,771 shares of the company’s stock worth $48,272,000 after buying an additional 1,088,115 shares during the last quarter. Independent Financial Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter valued at $2,771,000. Forty three Eighteen Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter worth $1,272,000. Patriot Financial Group Insurance Agency LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – December by 108.6% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 64,464 shares of the company’s stock worth $2,740,000 after acquiring an additional 33,557 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 19.3% in the 1st quarter. Kestra Advisory Services LLC now owns 315,262 shares of the company’s stock worth $13,399,000 after purchasing an additional 50,894 shares during the last quarter.

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.