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) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $45.40 and last traded at $45.34, with a volume of 26116 shares trading hands. The stock had previously closed at $45.34.

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

The company has a market cap of $1.21 billion, a P/E ratio of 24.83 and a beta of 0.48. The business’s 50 day moving average is $43.59 and its 200 day moving average is $43.35.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in PDEC. Ameriflex Group Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – December in the third quarter valued at about $502,000. Blue Sky Capital Consultants Group Inc. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 249.7% during the fourth quarter. Blue Sky Capital Consultants Group Inc. now owns 17,049 shares of the company’s stock valued at $740,000 after buying an additional 12,173 shares during the last quarter. Chris Bulman Inc boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 39.6% in the 4th quarter. Chris Bulman Inc now owns 57,698 shares of the company’s stock valued at $2,503,000 after buying an additional 16,368 shares in the last quarter. BCS Wealth Management grew its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 113.3% in the 4th quarter. BCS Wealth Management now owns 105,022 shares of the company’s stock worth $4,556,000 after buying an additional 55,788 shares during the last quarter. Finally, Belpointe Asset Management LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – December by 10.8% in the 4th quarter. Belpointe Asset Management LLC now owns 154,903 shares of the company’s stock worth $6,720,000 after buying an additional 15,098 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.