Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) Sets New 52-Week High – Time to Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) reached a new 52-week high on Thursday . The stock traded as high as $47.07 and last traded at $47.08, with a volume of 2504 shares trading hands. The stock had previously closed at $46.90.

Innovator U.S. Equity Power Buffer ETF – December Trading Down 0.1%

The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 24.83 and a beta of 0.48. The stock’s 50 day moving average is $46.41 and its two-hundred day moving average is $45.06.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – December

Hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – December by 3.6% during the 1st quarter. AQR Capital Management LLC now owns 15,200 shares of the company’s stock valued at $572,000 after acquiring an additional 525 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December by 11.3% in the second quarter. Raymond James Financial Inc. now owns 297,797 shares of the company’s stock valued at $11,915,000 after purchasing an additional 30,118 shares during the period. Jane Street Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – December in the second quarter valued at approximately $762,000. Bank of America Corp DE purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the second quarter worth approximately $72,000. Finally, Merit Financial Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the third quarter worth approximately $206,000.

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.