Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Hits New 52-Week High – Time to Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEBGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $43.81 and last traded at $43.78, with a volume of 178037 shares. The stock had previously closed at $43.76.

Innovator U.S. Equity Power Buffer ETF – February Price Performance

The stock has a market capitalization of $1.03 billion, a P/E ratio of 24.08 and a beta of 0.42. The stock’s fifty day moving average is $43.09 and its 200-day moving average is $41.94.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Jessup Wealth Management Inc bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – February in the fourth quarter valued at approximately $61,000. Atlantic Private Wealth LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – February in the 1st quarter valued at $69,000. JPMorgan Chase & Co. grew its stake in Innovator U.S. Equity Power Buffer ETF – February by 38.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock valued at $165,000 after buying an additional 1,203 shares during the last quarter. AdvisorNet Financial Inc raised its holdings in Innovator U.S. Equity Power Buffer ETF – February by 465.9% in the 1st quarter. AdvisorNet Financial Inc now owns 4,527 shares of the company’s stock worth $182,000 after acquiring an additional 3,727 shares during the period. Finally, TrustBank bought a new position in Innovator U.S. Equity Power Buffer ETF – February in the 4th quarter worth $214,000.

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

(Get Free Report)

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.

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