MML Investors Services LLC Reduces Stock Position in Innovator U.S. Equity Buffer ETF – December (BATS:BDEC)

MML Investors Services LLC cut its stake in Innovator U.S. Equity Buffer ETF – December (BATS:BDEC) by 18.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,517 shares of the company’s stock after selling 6,988 shares during the period. MML Investors Services LLC owned approximately 0.85% of Innovator U.S. Equity Buffer ETF – December worth $1,358,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in BDEC. Benjamin Edwards Inc. purchased a new position in Innovator U.S. Equity Buffer ETF – December in the third quarter valued at about $298,000. Wealth Enhancement Advisory Services LLC increased its holdings in Innovator U.S. Equity Buffer ETF – December by 6.2% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 9,048 shares of the company’s stock valued at $379,000 after buying an additional 525 shares in the last quarter. CoreCap Advisors LLC purchased a new position in shares of Innovator U.S. Equity Buffer ETF – December during the 2nd quarter worth approximately $845,000. Thoroughbred Financial Services LLC increased its stake in shares of Innovator U.S. Equity Buffer ETF – December by 6.3% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 25,361 shares of the company’s stock worth $1,062,000 after purchasing an additional 1,500 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Innovator U.S. Equity Buffer ETF – December by 7.9% during the 3rd quarter. Cerity Partners LLC now owns 36,846 shares of the company’s stock worth $1,587,000 after purchasing an additional 2,697 shares in the last quarter.

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

Shares of BDEC opened at $42.93 on Thursday. The stock’s fifty day simple moving average is $43.59 and its 200 day simple moving average is $42.70. The stock has a market cap of $158.84 million, a PE ratio of 24.29 and a beta of 0.75.

Innovator U.S. Equity Buffer ETF – December Company Profile

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.