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

Shares of 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 Price Performance

The business’s 50-day moving average price is $47.18 and its 200-day moving average price is $45.46. The firm has a market capitalization of $983.02 million, a PE ratio of 24.83 and a beta of 0.54.

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

A number of institutional investors and hedge funds have recently made changes to their positions in PDEC. Ashton Thomas Private Wealth LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth about $42,000. IFG Advisory LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter valued at approximately $44,000. BCGM Wealth Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter valued at approximately $207,000. William Mack & Associates Inc. acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter worth approximately $203,000. Finally, Allworth Financial LP acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter worth approximately $285,000.

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.