Sugarloaf Wealth Management LLC Reduces Holdings in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)

Sugarloaf Wealth Management LLC trimmed its holdings in shares of Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) by 11.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,268 shares of the company’s stock after selling 2,015 shares during the period. Sugarloaf Wealth Management LLC owned about 0.07% of Innovator U.S. Equity Power Buffer ETF – December worth $623,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Cardinal Point Capital Management ULC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 2nd quarter worth approximately $203,000. Bullseye Investment Management LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth approximately $207,000. PCA Investment Advisory Services Inc. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 4th quarter worth approximately $237,000. U.S. Capital Wealth Advisors LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – December by 15.5% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 6,451 shares of the company’s stock worth $242,000 after purchasing an additional 868 shares in the last quarter. Finally, BLB&B Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – December during the 1st quarter worth approximately $293,000.

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

Shares of PDEC traded down $0.06 during mid-day trading on Tuesday, reaching $38.27. 7,241 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $37.92 and its 200-day simple moving average is $37.33. The company has a market cap of $838.11 million, a P/E ratio of 24.21 and a beta of 0.60.

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.