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)’s share price hit a new 52-week high on Wednesday. The company traded as high as $47.62 and last traded at $47.6060, with a volume of 11,168 shares. The stock had previously closed at $47.54.

Innovator U.S. Equity Power Buffer ETF – December Stock Up 0.1%

The firm has a fifty day moving average price of $47.13 and a 200-day moving average price of $45.28. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – December

Large investors have recently added to or reduced their stakes in the business. Global Assets Advisory LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth about $93,000. William Mack & Associates Inc. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter valued at $203,000. Cornerstone Wealth LLC TN acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth $300,000. Capital Square LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter worth $339,000. Finally, Diversify Wealth Management LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth $403,000.

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.