Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Hits New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) shares hit a new 52-week high on Tuesday . The stock traded as high as $46.69 and last traded at $46.68, with a volume of 2810 shares traded. The stock had previously closed at $46.65.

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

The stock’s 50 day moving average is $46.12 and its 200-day moving average is $44.96. The company has a market cap of $833.95 million, a PE ratio of 25.05 and a beta of 0.48.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the 3rd quarter worth approximately $29,000. Key Capital Management INC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter valued at $46,000. Barclays PLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter valued at $64,000. Elevated Capital Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter worth $83,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter worth $116,000.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.