Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Sets New 12-Month High – Still a Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) hit a new 52-week high on Wednesday . The stock traded as high as $42.32 and last traded at $42.3340, with a volume of 5535 shares. The stock had previously closed at $42.24.

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

The company has a market capitalization of $771.97 million, a PE ratio of 24.61 and a beta of 0.44. The stock has a 50 day moving average price of $42.06 and a two-hundred day moving average price of $41.43.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – June

Institutional investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 10.5% during the 2nd quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock worth $117,022,000 after purchasing an additional 280,337 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 274.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,670,634 shares of the company’s stock valued at $66,424,000 after acquiring an additional 1,224,248 shares in the last quarter. Penserra Capital Management LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – June by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,518,311 shares of the company’s stock worth $62,478,000 after purchasing an additional 24,805 shares during the last quarter. Brookstone Capital Management boosted its position in Innovator U.S. Equity Power Buffer ETF – June by 360.7% during the third quarter. Brookstone Capital Management now owns 939,195 shares of the company’s stock worth $38,648,000 after purchasing an additional 735,354 shares during the period. Finally, Berkshire Money Management Inc. grew its holdings in Innovator U.S. Equity Power Buffer ETF – June by 1.9% during the third quarter. Berkshire Money Management Inc. now owns 635,721 shares of the company’s stock valued at $26,160,000 after purchasing an additional 12,145 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – June Company Profile

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.