Wealth Alliance Increases Stock Position in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)

Wealth Alliance increased its position in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) by 25.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,985 shares of the company’s stock after acquiring an additional 7,486 shares during the period. Wealth Alliance owned about 0.17% of Innovator U.S. Equity Power Buffer ETF – December worth $1,421,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in PDEC. Sugar Maple Asset Management LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 4th quarter worth approximately $92,000. ORG Partners LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 4th quarter worth approximately $96,000. Principal Securities Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – December by 17.9% in the 4th quarter. Principal Securities Inc. now owns 2,932 shares of the company’s stock worth $113,000 after purchasing an additional 445 shares during the period. Stonebridge Financial Group LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 4th quarter worth approximately $114,000. Finally, McAdam LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – December in the 4th quarter worth approximately $204,000.

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

Shares of PDEC stock opened at $39.41 on Thursday. The company’s 50-day simple moving average is $38.83 and its two-hundred day simple moving average is $38.49. The company has a market cap of $863.10 million, a P/E ratio of 24.21 and a beta of 0.60.

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