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

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

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

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

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

Several hedge funds have recently bought and sold shares of PDEC. NewCorp Financial Services Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter valued at approximately $674,000. Focus Partners Wealth raised 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 worth $48,272,000 after acquiring an additional 1,088,115 shares during the period. TrustBank purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter valued at approximately $752,000. Independent Financial Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the first quarter valued at approximately $2,771,000. Finally, Forty three Eighteen Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter valued at approximately $1,272,000.

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.