IMG Wealth Management Inc. Takes $570,000 Position in Innovator U.S. Equity Buffer ETF – December (BATS:BDEC)

IMG Wealth Management Inc. bought a new stake in Innovator U.S. Equity Buffer ETF – December (BATS:BDEC) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 13,222 shares of the company’s stock, valued at approximately $570,000. Innovator U.S. Equity Buffer ETF – December comprises approximately 0.5% of IMG Wealth Management Inc.’s holdings, making the stock its 27th largest position.

Several other institutional investors also recently modified their holdings of BDEC. Steward Partners Investment Advisory LLC lifted its stake in Innovator U.S. Equity Buffer ETF – December by 64.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 2,495 shares of the company’s stock valued at $108,000 after purchasing an additional 979 shares during the last quarter. WealthShield Partners LLC purchased a new position in Innovator U.S. Equity Buffer ETF – December in the fourth quarter valued at approximately $164,000. Principal Securities Inc. lifted its stake in Innovator U.S. Equity Buffer ETF – December by 8.4% in the fourth quarter. Principal Securities Inc. now owns 5,001 shares of the company’s stock valued at $216,000 after purchasing an additional 387 shares during the last quarter. IFP Advisors Inc lifted its stake in Innovator U.S. Equity Buffer ETF – December by 27.7% in the fourth quarter. IFP Advisors Inc now owns 5,858 shares of the company’s stock valued at $253,000 after purchasing an additional 1,270 shares during the last quarter. Finally, Secure Asset Management LLC purchased a new position in Innovator U.S. Equity Buffer ETF – December in the fourth quarter valued at approximately $261,000.

Innovator U.S. Equity Buffer ETF – December Trading Down 5.3 %

Innovator U.S. Equity Buffer ETF – December stock opened at $42.00 on Monday. The firm has a 50 day moving average price of $43.48 and a 200 day moving average price of $43.36. The stock has a market capitalization of $210 million, a P/E ratio of 25.49 and a beta of 0.68.

About Innovator U.S. Equity Buffer ETF – December

The Innovator S&P 500 Buffer ETF – December (BDEC) 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. BDEC was launched on Dec 1, 2019 and is managed by Innovator.