Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Reaches New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $45.74 and last traded at $45.74, with a volume of 2350 shares traded. The stock had previously closed at $45.67.

Innovator U.S. Equity Power Buffer ETF – August Stock Up 0.1%

The stock has a market capitalization of $887.16 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. The business has a 50-day simple moving average of $45.19 and a two-hundred day simple moving average of $44.03.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PAUG. GTS Financial LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – August in the first quarter worth about $1,516,000. Cornerstone Wealth LLC TN bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the 1st quarter valued at approximately $6,283,000. Independent Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August in the 1st quarter worth approximately $677,000. Kestra Advisory Services LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – August by 36.7% in the 1st quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock valued at $17,434,000 after purchasing an additional 109,537 shares in the last quarter. Finally, Apollon Wealth Management LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 2.6% during the first quarter. Apollon Wealth Management LLC now owns 12,922 shares of the company’s stock worth $552,000 after buying an additional 322 shares in the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.