IFP Advisors Inc Lowers Stock Holdings in Innovator U.S. Equity Ultra Buffer ETF – December $UDEC

IFP Advisors Inc trimmed its position in Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) by 51.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,161 shares of the company’s stock after selling 1,243 shares during the quarter. IFP Advisors Inc’s holdings in Innovator U.S. Equity Ultra Buffer ETF – December were worth $42,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of UDEC. Allworth Financial LP purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the first quarter worth about $58,000. Physician Wealth Advisors Inc. purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the first quarter worth about $154,000. Capital Investment Advisory Services LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the first quarter worth about $201,000. Blue Trust Inc. purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the first quarter worth about $201,000. Finally, Summit Wealth Partners LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – December in the first quarter worth about $205,000.

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

Shares of UDEC opened at $38.65 on Wednesday. The firm’s 50 day simple moving average is $37.96 and its 200 day simple moving average is $36.32. The company has a market capitalization of $435.97 million, a P/E ratio of 24.92 and a beta of 0.37. Innovator U.S. Equity Ultra Buffer ETF – December has a 1-year low of $32.40 and a 1-year high of $37.07.

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.