Archer Investment Corp Has $642,000 Stock Position in Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC)

Archer Investment Corp trimmed its position in Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) by 49.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,047 shares of the company’s stock after selling 19,858 shares during the quarter. Archer Investment Corp owned approximately 0.79% of Innovator U.S. Equity Ultra Buffer ETF – December worth $642,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in UDEC. WealthShield Partners LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the fourth quarter worth approximately $35,000. Raymond James Financial Services Advisors Inc. lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 23.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 14,141 shares of the company’s stock worth $453,000 after purchasing an additional 2,694 shares in the last quarter. Brookstone Capital Management lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 329.9% in the fourth quarter. Brookstone Capital Management now owns 533,363 shares of the company’s stock worth $17,088,000 after purchasing an additional 409,305 shares in the last quarter. Ausdal Financial Partners Inc. purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the fourth quarter worth approximately $285,000. Finally, Sugarloaf Wealth Management LLC lifted its position in shares of Innovator U.S. Equity Ultra Buffer ETF – December by 250.0% in the fourth quarter. Sugarloaf Wealth Management LLC now owns 3,850 shares of the company’s stock worth $123,000 after purchasing an additional 2,750 shares in the last quarter.

Innovator U.S. Equity Ultra Buffer ETF – December Stock Down 0.1 %

Shares of BATS UDEC traded down $0.02 during mid-day trading on Wednesday, reaching $32.98. The company had a trading volume of 5,217 shares. The business has a 50-day simple moving average of $33.08 and a two-hundred day simple moving average of $31.72. The stock has a market capitalization of $89.04 million, a P/E ratio of 23.94 and a beta of 0.64.

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.