Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) shares passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $47.18 and traded as high as $47.49. Innovator U.S. Equity Power Buffer ETF – December shares last traded at $47.42, with a volume of 10,750 shares traded.

Innovator U.S. Equity Power Buffer ETF – December Trading Down 0.2%

The firm has a market capitalization of $978.46 million, a price-to-earnings ratio of 24.83 and a beta of 0.54. The firm has a fifty day moving average price of $47.19 and a 200 day moving average price of $45.50.

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

A number of institutional investors and hedge funds have recently bought and sold shares of PDEC. Ashton Thomas Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the third quarter valued at approximately $42,000. IFG Advisory LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December in the third quarter valued at approximately $44,000. BCGM Wealth Management LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth approximately $207,000. William Mack & Associates Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – December in the 2nd quarter worth approximately $203,000. Finally, Allworth Financial LP bought a new position in Innovator U.S. Equity Power Buffer ETF – December in the 3rd quarter worth approximately $285,000.

Innovator U.S. Equity Power Buffer ETF – December Company Profile

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.