Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $45.75 and last traded at $45.75, with a volume of 1476 shares traded. The stock had previously closed at $45.74.

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

The company has a market capitalization of $1.22 billion, a PE ratio of 24.83 and a beta of 0.48. The stock’s 50 day simple moving average is $44.12 and its 200-day simple moving average is $43.60.

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

A number of institutional investors and hedge funds have recently bought and sold shares of PDEC. Focus Partners Wealth increased its stake in Innovator U.S. Equity Power Buffer ETF – December by 4,413.2% during the fourth quarter. Focus Partners Wealth now owns 1,112,771 shares of the company’s stock worth $48,272,000 after purchasing an additional 1,088,115 shares during the period. Brookstone Capital Management increased its stake in Innovator U.S. Equity Power Buffer ETF – December by 412.0% during the fourth quarter. Brookstone Capital Management now owns 840,921 shares of the company’s stock worth $36,479,000 after purchasing an additional 676,677 shares during the period. Susquehanna International Group LLP increased its stake in Innovator U.S. Equity Power Buffer ETF – December by 3,514.8% during the third quarter. Susquehanna International Group LLP now owns 404,564 shares of the company’s stock worth $17,000,000 after purchasing an additional 393,372 shares during the period. Caprock Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter worth about $11,269,000. Finally, Pathstone Holdings LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth about $9,266,000.

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.