Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 1-Year High – Time to Buy?
by Kim Johansen · The Markets DailyInnovator U.S. Equity Power Buffer ETF – January (BATS:PJAN – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $47.01 and last traded at $47.0090, with a volume of 64520 shares traded. The stock had previously closed at $46.9378.
Innovator U.S. Equity Power Buffer ETF – January Trading Up 0.7%
The firm’s 50-day moving average price is $46.80 and its 200 day moving average price is $45.81. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Triad Wealth Partners LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – January by 21.5% in the fourth quarter. Triad Wealth Partners LLC now owns 109,063 shares of the company’s stock worth $5,128,000 after purchasing an additional 19,332 shares in the last quarter. Capital Investment Advisory Services LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the 4th quarter worth approximately $27,000. My Personal CFO LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter valued at $480,000. First City Capital Management Inc. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 6.6% during the 4th quarter. First City Capital Management Inc. now owns 28,820 shares of the company’s stock valued at $1,355,000 after acquiring an additional 1,790 shares during the period. Finally, Spire Wealth Management boosted its stake in Innovator U.S. Equity Power Buffer ETF – January by 185.5% during the fourth quarter. Spire Wealth Management now owns 14,593 shares of the company’s stock worth $686,000 after acquiring an additional 9,482 shares in the last quarter.
About Innovator U.S. Equity Power Buffer ETF – January
The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.