Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Hits New 12-Month High – Here’s What Happened
by Tristan Rich · The Markets DailyInnovator U.S. Equity Power Buffer ETF – July (BATS:PJUL – Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $46.97 and last traded at $46.9370, with a volume of 3606 shares traded. The stock had previously closed at $46.81.
Innovator U.S. Equity Power Buffer ETF – July Trading Up 0.3%
The company has a market cap of $974.63 million, a price-to-earnings ratio of 24.44 and a beta of 0.46. The stock’s fifty day simple moving average is $46.65 and its 200 day simple moving average is $45.91.
Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – July
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bernard Wealth Management Corp. increased its holdings 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 buying an additional 601 shares during the last quarter. Barclays PLC raised its position in Innovator U.S. Equity Power Buffer ETF – July by 888.5% in the fourth quarter. Barclays PLC now owns 1,117 shares of the company’s stock valued at $52,000 after purchasing an additional 1,004 shares during the period. Chapman Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – July in the 2nd quarter valued at $53,000. Parallel Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – July during the 4th quarter worth about $64,000. Finally, Optima Capital LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – July in the 4th quarter valued at about $83,000.
About Innovator U.S. Equity Power Buffer ETF – July
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.