Raymond James & Associates Has $1.66 Million Stock Holdings in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)

Raymond James & Associates grew its holdings in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) by 122.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 47,419 shares of the company’s stock after buying an additional 26,090 shares during the quarter. Raymond James & Associates’ holdings in Innovator U.S. Equity Power Buffer ETF – December were worth $1,664,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. CoreCap Advisors LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 92.6% in the fourth quarter. CoreCap Advisors LLC now owns 101,334 shares of the company’s stock valued at $3,557,000 after buying an additional 48,709 shares in the last quarter. Cedar Brook Financial Partners LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December in the fourth quarter worth about $406,000. Brookstone Capital Management increased its position in Innovator U.S. Equity Power Buffer ETF – December by 128.7% in the fourth quarter. Brookstone Capital Management now owns 1,290,289 shares of the company’s stock worth $45,289,000 after purchasing an additional 726,110 shares during the period. Ausdal Financial Partners Inc. acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December in the fourth quarter worth about $292,000. Finally, BCS Wealth Management increased its position in Innovator U.S. Equity Power Buffer ETF – December by 25.1% in the fourth quarter. BCS Wealth Management now owns 55,946 shares of the company’s stock worth $1,964,000 after purchasing an additional 11,230 shares during the period.

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

Shares of PDEC stock opened at $36.05 on Friday. The stock has a 50 day moving average price of $36.22 and a 200-day moving average price of $34.79. The firm has a market capitalization of $829.15 million, a price-to-earnings ratio of 23.82 and a beta of 0.62.

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.