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

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $47.17 and last traded at $47.1960, with a volume of 4655 shares trading hands. The stock had previously closed at $46.95.

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

The firm has a market cap of $1.26 billion, a P/E ratio of 24.83 and a beta of 0.48. The firm’s 50 day moving average is $46.60 and its 200 day moving average is $45.30.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PDEC. Focus Partners Wealth boosted its stake in Innovator U.S. Equity Power Buffer ETF – December by 4,413.2% during the 4th quarter. Focus Partners Wealth now owns 1,112,771 shares of the company’s stock valued at $48,272,000 after purchasing an additional 1,088,115 shares during the last quarter. GTS Financial LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the first quarter valued at $5,406,000. Independent Financial Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the first quarter valued at $2,771,000. Fortune Financial Group Inc. bought a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 4th quarter worth about $2,472,000. Finally, Kestra Advisory Services LLC raised its position in 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 buying an additional 50,894 shares during the last quarter.

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.