Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Hits New 12-Month High – What’s Next?
by Teresa Graham · The Cerbat GemInnovator U.S. Equity Power Buffer ETF – September (BATS:PSEP – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $44.21 and last traded at $44.21, with a volume of 4700 shares. The stock had previously closed at $44.12.
Innovator U.S. Equity Power Buffer ETF – September Stock Up 0.3%
The stock has a market cap of $789.68 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The company’s 50-day moving average is $43.65 and its 200-day moving average is $43.47.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in PSEP. Northwestern Mutual Wealth Management Co. bought a new stake in Innovator U.S. Equity Power Buffer ETF – September during the third quarter worth about $29,000. Geneos Wealth Management Inc. bought a new stake in Innovator U.S. Equity Power Buffer ETF – September during the third quarter worth about $46,000. Key Capital Management INC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth about $46,000. Barclays PLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth about $64,000. Finally, EverSource Wealth Advisors LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – September by 53.7% during the third quarter. EverSource Wealth Advisors LLC now owns 1,549 shares of the company’s stock worth $67,000 after buying an additional 541 shares during the last quarter.
Innovator U.S. Equity Power Buffer ETF – September Company Profile
The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.