JPMorgan Chase & Co. Reduces Stake in Innovator U.S. Equity Power Buffer ETF – December

JPMorgan Chase & Co. has reduced its stake in the Innovator U.S. Equity Power Buffer ETF – December (BATS:PDEC) by 18.5% during the third quarter, as reported by Holdings Channel. After selling 591 shares in that time frame, the firm now holds a total of 2,604 shares of the ETF.

The current value of JPMorgan's holdings in the Innovator U.S. Equity Power Buffer ETF – December is approximately $100,000, reflecting the firm's ongoing interest in this investment option.

Other institutional investors have also been active during the same quarter. Greenup Street Wealth Management LLC established a new position in the ETF worth around $268,000, while Gladstone Institutional Advisory LLC purchased shares valued at $276,000. TCTC Holdings LLC and Coldstream Capital Management Inc. both bought positions worth $279,000 and $356,000, respectively. Additionally, Bank of Montreal Can invested $526,000 in the ETF during the previous quarter.

PDEC Stock Performance

As of last Monday, shares of the Innovator U.S. Equity Power Buffer ETF – December opened at $39.02. The ETF has a market capitalization of approximately $854.56 million and holds a price-to-earnings ratio of 24.21. The beta value stands at 0.60, indicating lower volatility compared to the broader market. The ETF’s fifty-day moving average is noted at $38.76, and its two-hundred-day moving average is $38.35.

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

This exchange-traded fund seeks performance based on the S&P 500 Price Return index, aiming to provide specific buffered losses and capped gains during a designated holding period. The actively-managed fund utilizes options and collateral to achieve its investment goals and was launched on December 2, 2019, under the management of Innovator.

Further Reading

• Investing Strategies Compared: Preferred Stock vs. Common Stock
• Impact of Political Changes on Market Dynamics
• Understanding Inflation Rates and Their Effects
• Market Reactions to Corporate Earnings Reports
• Long-Term Growth Potential in AI Technologies

To explore the holdings of PDEC further, visit HoldingsChannel.com for the latest insights on institutional trades and filings.

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JPMorgan, ETF, Investments