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

Shares of Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) hit a new 52-week high on Friday. The company traded as high as $47.33 and last traded at $47.3410, with a volume of 3217 shares trading hands. The stock had previously closed at $47.10.

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

The company has a market cap of $1.26 billion, a PE ratio of 24.83 and a beta of 0.48. The company has a 50 day simple moving average of $46.80 and a two-hundred day simple moving average of $45.55.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – December

A number of hedge funds have recently modified their holdings of PDEC. Focus Partners Wealth boosted its position 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 valued at $48,272,000 after purchasing an additional 1,088,115 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – December by 19.3% in the first quarter. Kestra Advisory Services LLC now owns 315,262 shares of the company’s stock valued at $13,399,000 after acquiring an additional 50,894 shares during the last quarter. Janney Montgomery Scott LLC grew its position in Innovator U.S. Equity Power Buffer ETF – December by 4.7% in the first quarter. Janney Montgomery Scott LLC now owns 130,409 shares of the company’s stock worth $5,542,000 after acquiring an additional 5,800 shares in the last quarter. GTS Financial LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December in the 1st quarter valued at $5,406,000. Finally, Catalina Capital Group LLC increased its position in Innovator U.S. Equity Power Buffer ETF – December by 7.2% during the first quarter. Catalina Capital Group LLC now owns 126,094 shares of the company’s stock worth $5,359,000 after buying an additional 8,454 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.