Pinnacle Wealth Management Group Inc. Has $2.10 Million Position in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC)

Pinnacle Wealth Management Group Inc. grew its holdings in Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) by 74.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 54,655 shares of the company’s stock after buying an additional 23,285 shares during the quarter. Innovator U.S. Equity Power Buffer ETF – December comprises approximately 1.3% of Pinnacle Wealth Management Group Inc.’s portfolio, making the stock its 24th largest holding. Pinnacle Wealth Management Group Inc.’s holdings in Innovator U.S. Equity Power Buffer ETF – December were worth $2,100,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in PDEC. ORG Partners LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – December in the fourth quarter valued at about $96,000. O Connor Financial Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the fourth quarter worth approximately $264,000. Greenup Street Wealth Management LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – December in the third quarter valued at approximately $268,000. Gladstone Institutional Advisory LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter worth $276,000. Finally, TCTC Holdings LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – December during the 3rd quarter valued at $279,000.

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

BATS:PDEC opened at $38.26 on Tuesday. The business has a 50-day moving average of $38.70 and a two-hundred day moving average of $38.23. The company has a market cap of $837.89 million, a price-to-earnings 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.