Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Hits New 52-Week High – Should You Buy?
by Scott Moore · The Cerbat GemInnovator U.S. Equity Power Buffer ETF – December (BATS:PDEC – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $44.74 and last traded at $44.72, with a volume of 10844 shares. The stock had previously closed at $44.70.
Innovator U.S. Equity Power Buffer ETF – December Price Performance
The firm’s 50 day moving average price is $43.33 and its 200-day moving average price is $43.16. The stock has a market cap of $1.19 billion, a P/E ratio of 24.83 and a beta of 0.48.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of PDEC. Penserra Capital Management LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – December by 1.7% in the third quarter. Penserra Capital Management LLC now owns 1,490,331 shares of the company’s stock valued at $62,623,000 after acquiring an additional 24,350 shares during the period. Focus Partners Wealth raised its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 4,413.2% during the 4th quarter. Focus Partners Wealth now owns 1,112,771 shares of the company’s stock valued at $48,272,000 after purchasing an additional 1,088,115 shares during the period. Brookstone Capital Management raised its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 412.0% during the 4th quarter. Brookstone Capital Management now owns 840,921 shares of the company’s stock valued at $36,479,000 after purchasing an additional 676,677 shares during the period. Blair William & Co. IL increased its holdings in Innovator U.S. Equity Power Buffer ETF – December by 1.5% in the 4th quarter. Blair William & Co. IL now owns 755,492 shares of the company’s stock valued at $32,773,000 after acquiring an additional 10,935 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – December by 12.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 661,697 shares of the company’s stock valued at $28,704,000 after acquiring an additional 70,857 shares during the last quarter.
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.