Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Hits New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $46.24 and last traded at $46.23, with a volume of 940 shares changing hands. The stock had previously closed at $46.06.

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

The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48. The business’s 50 day moving average price is $45.68 and its 200-day moving average price is $44.29.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Blue Sky Capital Consultants Group Inc. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 249.7% during the 4th quarter. Blue Sky Capital Consultants Group Inc. now owns 17,049 shares of the company’s stock worth $740,000 after buying an additional 12,173 shares during the last quarter. NewCorp Financial Services Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter valued at about $674,000. Chris Bulman Inc increased its holdings in Innovator U.S. Equity Power Buffer ETF – December by 39.6% during the 4th quarter. Chris Bulman Inc now owns 57,698 shares of the company’s stock valued at $2,503,000 after acquiring an additional 16,368 shares in the last quarter. Retirement Guys Formula LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter worth approximately $1,740,000. Finally, BCS Wealth Management grew its holdings in Innovator U.S. Equity Power Buffer ETF – December by 113.3% during the 4th quarter. BCS Wealth Management now owns 105,022 shares of the company’s stock valued at $4,556,000 after buying an additional 55,788 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.