Innovator U.S. Equity Ultra Buffer ETF – December $UDEC Position Cut by Trek Financial LLC

Trek Financial LLC trimmed its position in Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) by 36.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,705 shares of the company’s stock after selling 29,007 shares during the quarter. Trek Financial LLC owned approximately 0.44% of Innovator U.S. Equity Ultra Buffer ETF – December worth $2,128,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Talon Private Wealth LLC acquired a new position in Innovator U.S. Equity Ultra Buffer ETF – December during the 1st quarter valued at about $35,988,000. Brookstone Capital Management acquired a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December during the 3rd quarter worth approximately $12,817,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 7.7% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 167,543 shares of the company’s stock worth $7,175,000 after buying an additional 11,987 shares during the period. Sovran Advisors LLC raised its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 1,152.0% during the first quarter. Sovran Advisors LLC now owns 139,430 shares of the company’s stock worth $5,692,000 after buying an additional 128,293 shares during the last quarter. Finally, Money Concepts Capital Corp raised its stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 190.1% during the first quarter. Money Concepts Capital Corp now owns 36,260 shares of the company’s stock worth $1,408,000 after buying an additional 23,762 shares during the last quarter.

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

Shares of BATS UDEC opened at $42.71 on Tuesday. The company’s 50 day simple moving average is $42.86 and its 200 day simple moving average is $41.28. Innovator U.S. Equity Ultra Buffer ETF – December has a fifty-two week low of $38.01 and a fifty-two week high of $43.27. The firm has a market capitalization of $481.77 million, a P/E ratio of 24.92 and a beta of 0.37.

Innovator U.S. Equity Ultra Buffer ETF – December Profile

The Innovator S&P 500 Ultra Buffer ETF – December (UDEC) 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. UDEC was launched on Dec 2, 2019 and is managed by Innovator.