Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Hits New 52-Week High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $48.72 and last traded at $48.70, with a volume of 89656 shares trading hands. The stock had previously closed at $48.49.

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

The company has a 50 day simple moving average of $47.08 and a two-hundred day simple moving average of $46.85. The firm has a market cap of $1.43 billion, a PE ratio of 24.16 and a beta of 0.47.

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

Large investors have recently added to or reduced their stakes in the company. Penserra Capital Management LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – January by 1.7% during the 3rd quarter. Penserra Capital Management LLC now owns 1,356,731 shares of the company’s stock valued at $62,131,000 after purchasing an additional 22,165 shares during the last quarter. Galvin Gaustad & Stein LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 4th quarter valued at about $593,000. Crown Wealth Group LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – January by 149.8% during the 4th quarter. Crown Wealth Group LLC now owns 70,907 shares of the company’s stock valued at $3,334,000 after purchasing an additional 42,520 shares during the last quarter. Signal Advisors Wealth LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 4th quarter valued at about $4,115,000. Finally, Triad Wealth Partners LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – January by 21.5% during the 4th quarter. Triad Wealth Partners LLC now owns 109,063 shares of the company’s stock valued at $5,128,000 after purchasing an additional 19,332 shares during the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.