Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Reaches New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $45.25 and last traded at $45.25, with a volume of 457 shares traded. The stock had previously closed at $45.15.

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

The stock has a market cap of $879.21 million, a PE ratio of 24.79 and a beta of 0.48. The company’s 50 day simple moving average is $44.06 and its 200 day simple moving average is $43.53.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Key Capital Management INC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – August during the 4th quarter valued at about $47,000. Triumph Capital Management purchased a new position in Innovator U.S. Equity Power Buffer ETF – August in the 3rd quarter worth approximately $67,000. JPMorgan Chase & Co. lifted its position in Innovator U.S. Equity Power Buffer ETF – August by 15.4% in the second quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock valued at $75,000 after purchasing an additional 248 shares during the last quarter. Creative Financial Designs Inc. ADV lifted its position in Innovator U.S. Equity Power Buffer ETF – August by 13.1% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,375 shares of the company’s stock valued at $101,000 after purchasing an additional 275 shares during the last quarter. Finally, Barclays PLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the fourth quarter valued at approximately $201,000.

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.