Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 12-Month High – Here’s Why

Shares of Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) hit a new 52-week high on Wednesday . The company traded as high as $45.18 and last traded at $45.18, with a volume of 314 shares changing hands. The stock had previously closed at $44.84.

Innovator U.S. Equity Power Buffer ETF – December Trading Up 0.6%

The company has a market cap of $1.20 billion, a P/E ratio of 24.83 and a beta of 0.48. The company has a 50 day moving average price of $43.46 and a 200-day moving average price of $43.26.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Independent Financial Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the first quarter worth about $2,771,000. Global Assets Advisory LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter valued at approximately $93,000. Diversify Wealth Management LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth approximately $403,000. Kestra Advisory Services LLC increased its position in Innovator U.S. Equity Power Buffer ETF – December by 19.3% during the 1st quarter. Kestra Advisory Services LLC now owns 315,262 shares of the company’s stock worth $13,399,000 after purchasing an additional 50,894 shares in the last quarter. Finally, World Investment Advisors lifted its stake in Innovator U.S. Equity Power Buffer ETF – December by 24.8% in the 1st 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 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.