Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 52-Week High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $46.06 and last traded at $46.06, with a volume of 6567 shares trading hands. The stock had previously closed at $45.89.

Innovator U.S. Equity Power Buffer ETF – December Stock Down 0.2%

The firm’s 50 day simple moving average is $45.55 and its two-hundred day simple moving average is $44.19. The stock has a market cap of $1.22 billion, a P/E ratio of 24.83 and a beta of 0.48.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDEC. NBC Securities Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – December by 99.0% in the 4th quarter. NBC Securities Inc. now owns 581 shares of the company’s stock worth $25,000 after purchasing an additional 289 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December in the fourth quarter worth about $35,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter worth about $37,000. Atlantic Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter worth about $38,000. Finally, Key Capital Management INC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the fourth quarter valued at approximately $46,000.

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.