Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) hit a new 52-week high on Friday . The company traded as high as $45.65 and last traded at $45.64, with a volume of 1490 shares. The stock had previously closed at $45.52.

Innovator U.S. Equity Power Buffer ETF – December Stock Up 0.3%

The company has a market cap of $1.22 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48. The company’s fifty day moving average price is $43.91 and its two-hundred day moving average price is $43.51.

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

Large investors have recently bought and sold shares of the company. NBC Securities Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 99.0% in the fourth quarter. NBC Securities Inc. now owns 581 shares of the company’s stock worth $25,000 after acquiring an additional 289 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the fourth quarter worth about $35,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the third quarter worth about $37,000. Atlantic Private Wealth LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the fourth 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 worth about $46,000.

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.