Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Sets New 12-Month 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 Wednesday. The company traded as high as $47.62 and last traded at $47.6060, with a volume of 11,168 shares changing hands. The stock had previously closed at $47.54.

Innovator U.S. Equity Power Buffer ETF – December Trading Down 1.1%

The company has a market cap of $1.25 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48. The stock’s 50 day moving average price is $47.16 and its 200 day moving average price is $45.32.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. MTM Financial Group LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 0.8% during the first quarter. MTM Financial Group LLC now owns 50,204 shares of the company’s stock worth $2,134,000 after purchasing an additional 390 shares during the period. Arkadios Wealth Advisors increased its holdings in Innovator U.S. Equity Power Buffer ETF – December by 7.6% in the 1st quarter. Arkadios Wealth Advisors now owns 28,614 shares of the company’s stock valued at $1,216,000 after buying an additional 2,019 shares during the period. Global Assets Advisory LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth approximately $93,000. World Investment Advisors increased its holdings in Innovator U.S. Equity Power Buffer ETF – December by 24.8% in the first quarter. World Investment Advisors now owns 17,443 shares of the company’s stock valued at $741,000 after purchasing an additional 3,461 shares during the period. Finally, William Mack & Associates Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – December during the second quarter worth $203,000.

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.