256,527 Shares in Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) Bought by Sovran Advisors LLC

Sovran Advisors LLC bought a new position in shares of Innovator U.S. Equity Ultra Buffer ETF – December (BATS:UDEC) in the 4th quarter, Holdings Channel.com reports. The fund bought 256,527 shares of the company’s stock, valued at approximately $8,971,000. Innovator U.S. Equity Ultra Buffer ETF – December accounts for approximately 1.3% of Sovran Advisors LLC’s investment portfolio, making the stock its 14th largest position. Sovran Advisors LLC owned approximately 0.10% of Innovator U.S. Equity Ultra Buffer ETF – December as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sugarloaf Wealth Management LLC lifted its holdings in Innovator U.S. Equity Ultra Buffer ETF – December by 14.3% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 4,400 shares of the company’s stock worth $154,000 after buying an additional 550 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – December during the 3rd quarter worth about $200,000. Foundations Investment Advisors LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – December during the 4th quarter worth about $223,000. Cornerstone Wealth Group LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – December during the 4th quarter worth about $235,000. Finally, Accurate Wealth Management LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – December during the 4th quarter worth about $236,000.

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

Shares of BATS UDEC opened at $35.73 on Tuesday. The stock has a market cap of $95.76 million, a P/E ratio of 23.98 and a beta of 0.63. The business’s 50-day simple moving average is $35.44 and its 200-day simple moving average is $35.09.

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.