Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Stock Breaks Above Fifty Day Moving Average – Should You Sell?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $47.18 and traded as high as $47.49. Innovator U.S. Equity Power Buffer ETF – December shares last traded at $47.42, with a volume of 10,750 shares trading hands.

Innovator U.S. Equity Power Buffer ETF – December Stock Up 1.0%

The stock has a market cap of $983.02 million, a PE ratio of 24.83 and a beta of 0.54. The business’s fifty day moving average is $47.18 and its 200 day moving average is $45.46.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – December

A number of hedge funds and other institutional investors have recently modified their holdings of PDEC. Private Advisor Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter valued at approximately $356,000. Composition Wealth LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth $367,000. BCGM Wealth Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth $207,000. HighTower Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth $21,227,000. Finally, Silver Oak Securities Incorporated purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth $402,000.

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.