Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sets New 52-Week High – Still a Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) hit a new 52-week high on Monday . The company traded as high as $46.74 and last traded at $46.69, with a volume of 6697 shares trading hands. The stock had previously closed at $46.58.

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

The company has a market cap of $904.82 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. The firm’s 50 day simple moving average is $45.75 and its 200-day simple moving average is $44.54.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – August

Large investors have recently bought and sold shares of the business. Key Capital Management INC purchased a new position in Innovator U.S. Equity Power Buffer ETF – August in the 4th quarter worth approximately $47,000. Triumph Capital Management acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 3rd quarter worth approximately $67,000. JPMorgan Chase & Co. grew its position in shares of 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 in the last quarter. Integral Investment Advisors Inc. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the second quarter valued at approximately $201,000. Finally, Barclays PLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter valued at approximately $201,000.

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

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.