Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Hits New 52-Week High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $45.60 and last traded at $45.60, with a volume of 9025 shares trading hands. The stock had previously closed at $45.55.

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

The stock has a market capitalization of $884.64 million, a P/E ratio of 24.79 and a beta of 0.48. The stock’s fifty day moving average price is $45.10 and its 200 day moving average price is $43.96.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – August

A number of institutional investors have recently modified their holdings of PAUG. Alliancebernstein L.P. grew its stake in Innovator U.S. Equity Power Buffer ETF – August by 28.3% in the third quarter. Alliancebernstein L.P. now owns 3,324,821 shares of the company’s stock worth $141,205,000 after purchasing an additional 733,172 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 198.7% in the 4th quarter. Focus Partners Wealth now owns 566,642 shares of the company’s stock worth $24,507,000 after buying an additional 376,961 shares during the period. Rothschild Wealth LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 4th quarter worth $7,854,000. SageView Advisory Group LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 1,416.9% during the 3rd quarter. SageView Advisory Group LLC now owns 186,140 shares of the company’s stock worth $7,905,000 after buying an additional 173,869 shares in the last quarter. Finally, Cornerstone Wealth LLC TN purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the first quarter valued at $6,283,000.

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

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.