Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Hits New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) shares reached a new 52-week high on Friday . The company traded as high as $45.65 and last traded at $45.64, with a volume of 1490 shares. The stock had previously closed at $45.52.

Innovator U.S. Equity Power Buffer ETF – December Price Performance

The firm has a market capitalization of $1.21 billion, a P/E ratio of 24.83 and a beta of 0.48. The stock’s 50 day moving average is $43.96 and its two-hundred day moving average is $43.53.

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

Institutional investors and hedge funds have recently modified their holdings of the business. NBC Securities Inc. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 99.0% during the fourth quarter. NBC Securities Inc. now owns 581 shares of the company’s stock worth $25,000 after buying an additional 289 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter worth approximately $35,000. Atlantic Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter worth approximately $38,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth approximately $37,000. Finally, Key Capital Management INC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter worth approximately $46,000.

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.