Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Reaches New 12-Month High – Still a Buy?
by Doug Wharley · The Cerbat GemShares of Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $47.25 and last traded at $47.25, with a volume of 20837 shares. The stock had previously closed at $47.03.
Innovator U.S. Equity Power Buffer ETF – July Trading Up 0.5%
The company has a market cap of $980.44 million, a PE ratio of 24.44 and a beta of 0.46. The business’s 50-day simple moving average is $46.49 and its 200-day simple moving average is $46.23.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Bernard Wealth Management Corp. increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 124.9% during the 3rd quarter. Bernard Wealth Management Corp. now owns 1,082 shares of the company’s stock worth $49,000 after purchasing an additional 601 shares during the last quarter. Barclays PLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 888.5% during the 4th quarter. Barclays PLC now owns 1,117 shares of the company’s stock worth $52,000 after purchasing an additional 1,004 shares during the last quarter. Chapman Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the 2nd quarter worth $53,000. Parallel Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the 4th quarter worth $64,000. Finally, Optima Capital LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the 4th quarter worth $83,000.
Innovator U.S. Equity Power Buffer ETF – July Company Profile
The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.