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

Shares of Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) hit a new 52-week high during trading on Monday . The company traded as high as $46.06 and last traded at $45.89, with a volume of 14425 shares traded. The stock had previously closed at $45.60.

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

The firm has a market capitalization of $1.22 billion, a PE ratio of 24.83 and a beta of 0.48. The stock’s 50-day moving average price is $45.18 and its 200 day moving average price is $43.98.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Financial Network Wealth Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 10.5% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 2,437 shares of the company’s stock valued at $106,000 after acquiring an additional 231 shares during the period. FSA Advisors Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – December by 0.9% during the 4th quarter. FSA Advisors Inc. now owns 29,385 shares of the company’s stock valued at $1,275,000 after purchasing an additional 265 shares during the period. Valtinson Bruner Financial Planning LLC grew its position in Innovator U.S. Equity Power Buffer ETF – December by 3.3% in the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 9,038 shares of the company’s stock worth $392,000 after purchasing an additional 288 shares during the last quarter. NBC Securities Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – December by 99.0% in the 4th quarter. NBC Securities Inc. now owns 581 shares of the company’s stock worth $25,000 after purchasing an additional 289 shares during the last quarter. Finally, Sowell Financial Services LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 6.1% in the fourth quarter. Sowell Financial Services LLC now owns 5,240 shares of the company’s stock valued at $227,000 after purchasing an additional 300 shares during the period.

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.