Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) reached a new 52-week high during trading on Friday . The stock traded as high as $47.05 and last traded at $47.05, with a volume of 903 shares changing hands. The stock had previously closed at $46.97.

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

The business has a 50 day moving average of $46.25 and a 200-day moving average of $44.93. The company has a market capitalization of $1.25 billion, a P/E ratio of 24.83 and a beta of 0.48.

Hedge Funds 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. Capital Square LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter valued at about $339,000. William Mack & Associates Inc. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter valued at approximately $203,000. MTM Financial Group LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – December by 0.8% in the 1st quarter. MTM Financial Group LLC now owns 50,204 shares of the company’s stock worth $2,134,000 after purchasing an additional 390 shares in the last quarter. Financial Solutions Advisory Group Inc. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the 1st quarter worth approximately $1,011,000. Finally, GTS Financial LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth $5,406,000.

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.