Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sets New 52-Week High – Still a Buy?
by Amy Steele · The Cerbat GemInnovator U.S. Equity Power Buffer ETF – November (BATS:PNOV – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $40.10 and last traded at $41.78, with a volume of 163617 shares traded. The stock had previously closed at $39.75.
Innovator U.S. Equity Power Buffer ETF – November Stock Performance
The firm has a market cap of $709.89 million, a P/E ratio of 24.05 and a beta of 0.45. The firm has a 50 day simple moving average of $41.67 and a 200 day simple moving average of $41.02.
Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – November
Several hedge funds have recently added to or reduced their stakes in PNOV. Triad Wealth Partners LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – November in the 2nd quarter worth approximately $214,000. Axxcess Wealth Management LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – November by 8.7% in the 2nd quarter. Axxcess Wealth Management LLC now owns 16,319 shares of the company’s stock worth $645,000 after acquiring an additional 1,306 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – November by 3.4% during the second quarter. Envestnet Asset Management Inc. now owns 229,776 shares of the company’s stock valued at $9,081,000 after acquiring an additional 7,570 shares during the period. Penserra Capital Management LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – November by 14.6% during the 2nd quarter. Penserra Capital Management LLC now owns 1,483,262 shares of the company’s stock valued at $58,618,000 after purchasing an additional 188,411 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 13.1% in the second quarter. Osaic Holdings Inc. now owns 411,671 shares of the company’s stock worth $16,269,000 after buying an additional 47,753 shares in the last quarter.
Innovator U.S. Equity Power Buffer ETF – November Company Profile
The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.