Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Sets New 12-Month High – Time to Buy?

Shares of 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 $47.65 and last traded at $47.6340, with a volume of 592 shares. The stock had previously closed at $47.03.

Innovator U.S. Equity Power Buffer ETF – December Trading Up 1.2%

The firm’s 50 day simple moving average is $47.18 and its 200 day simple moving average is $45.36. The firm has a market cap of $1.27 billion, a PE ratio of 24.83 and a beta of 0.48.

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

A number of hedge funds have recently bought and sold shares of the business. AlphaCore Capital LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth $2,864,000. BCS Wealth Management purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December in the third quarter worth $2,321,000. Ashton Thomas Private Wealth LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth about $42,000. Allegiance Financial Group Advisory Services LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth $312,000. Finally, Kestra Advisory Services LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter worth about $12,298,000.

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.