Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Hits New 1-Year High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $42.15 and last traded at $42.1680, with a volume of 46208 shares traded. The stock had previously closed at $42.10.

Innovator U.S. Equity Power Buffer ETF – November Stock Performance

The stock has a market capitalization of $714.11 million, a P/E ratio of 24.05 and a beta of 0.45. The firm has a fifty day moving average price of $41.91 and a two-hundred day moving average price of $41.23.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – November

Several institutional investors have recently made changes to their positions in PNOV. Envestnet Asset Management Inc. increased its position in Innovator U.S. Equity Power Buffer ETF – November by 3.4% in the second quarter. Envestnet Asset Management Inc. now owns 229,776 shares of the company’s stock worth $9,081,000 after buying an additional 7,570 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 8.7% during the 2nd quarter. Axxcess Wealth Management LLC now owns 16,319 shares of the company’s stock valued at $645,000 after buying an additional 1,306 shares in the last quarter. Penserra Capital Management LLC grew its stake in shares of 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 acquiring an additional 188,411 shares during the period. Osaic Holdings Inc. increased its holdings in Innovator U.S. Equity Power Buffer ETF – November by 13.1% in the 2nd quarter. Osaic Holdings Inc. now owns 411,671 shares of the company’s stock worth $16,269,000 after acquiring an additional 47,753 shares in the last quarter. Finally, FSA Advisors Inc. raised its stake in Innovator U.S. Equity Power Buffer ETF – November by 4.2% during the 2nd quarter. FSA Advisors Inc. now owns 17,500 shares of the company’s stock worth $692,000 after acquiring an additional 702 shares during the period.

About Innovator U.S. Equity Power Buffer ETF – November

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.