Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $47.07 and last traded at $47.08, with a volume of 2504 shares. The stock had previously closed at $46.90.

Innovator U.S. Equity Power Buffer ETF – December Trading Up 0.4%

The firm has a market capitalization of $1.25 billion, a P/E ratio of 24.83 and a beta of 0.48. The stock’s 50-day simple moving average is $46.35 and its 200-day simple moving average is $45.02.

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

Several large investors have recently made changes to their positions in the business. Focus Partners Wealth increased its holdings 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 worth $48,272,000 after buying an additional 1,088,115 shares during the last quarter. Blair William & Co. IL boosted its stake in Innovator U.S. Equity Power Buffer ETF – December by 1.5% in the fourth quarter. Blair William & Co. IL now owns 755,492 shares of the company’s stock valued at $32,773,000 after acquiring an additional 10,935 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 12.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 661,697 shares of the company’s stock valued at $28,704,000 after acquiring an additional 70,857 shares during the period. LPL Financial LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 17.4% during the 4th quarter. LPL Financial LLC now owns 628,763 shares of the company’s stock worth $27,276,000 after purchasing an additional 93,140 shares during the last quarter. Finally, HighTower Advisors LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 3.7% during the 4th quarter. HighTower Advisors LLC now owns 520,988 shares of the company’s stock worth $22,600,000 after purchasing an additional 18,365 shares during the last quarter.

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.