Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Shares Up 0% – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) traded up 0% during trading on Wednesday . The company traded as high as $44.02 and last traded at $43.94. Approximately 17,233 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 86,900 shares. The stock had previously closed at $43.93.

Innovator U.S. Equity Power Buffer ETF – June Stock Up 0.0%

The firm has a market capitalization of $801.03 million, a price-to-earnings ratio of 24.61 and a beta of 0.44. The firm’s 50 day moving average is $43.49 and its 200 day moving average is $42.91.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – June

Institutional investors and hedge funds have recently modified their holdings of the stock. Alliancebernstein L.P. boosted 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 acquiring an additional 280,337 shares in the last quarter. Focus Partners Wealth raised its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 717.2% during the fourth quarter. Focus Partners Wealth now owns 449,124 shares of the company’s stock worth $18,809,000 after purchasing an additional 394,162 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 77.0% during the second quarter. Raymond James Financial Inc. now owns 331,546 shares of the company’s stock valued at $13,182,000 after purchasing an additional 144,206 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 11.0% during the fourth quarter. LPL Financial LLC now owns 224,057 shares of the company’s stock valued at $9,384,000 after purchasing an additional 22,128 shares during the last quarter. Finally, CoreCap Advisors LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 6.3% during the second quarter. CoreCap Advisors LLC now owns 209,382 shares of the company’s stock valued at $9,052,000 after purchasing an additional 12,498 shares during the last quarter.

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

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.