Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Reaches New 52-Week High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s stock price reached a new 52-week high on Monday . The stock traded as high as $49.60 and last traded at $49.54, with a volume of 13415 shares traded. The stock had previously closed at $49.29.

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

The company’s 50 day moving average price is $48.53 and its two-hundred day moving average price is $47.49. The stock has a market capitalization of $1.46 billion, a PE ratio of 24.16 and a beta of 0.47.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 1,235.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,623,085 shares of the company’s stock valued at $76,317,000 after acquiring an additional 1,501,558 shares during the last quarter. LPL Financial LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 18.0% during the fourth quarter. LPL Financial LLC now owns 834,395 shares of the company’s stock valued at $39,233,000 after acquiring an additional 127,023 shares during the last quarter. Brookstone Capital Management increased its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 522.9% during the first quarter. Brookstone Capital Management now owns 758,887 shares of the company’s stock valued at $35,007,000 after acquiring an additional 637,054 shares during the last quarter. Personal CFO Solutions LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at about $27,379,000. Finally, Focus Partners Wealth increased its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 1,350.9% during the fourth quarter. Focus Partners Wealth now owns 499,828 shares of the company’s stock valued at $23,502,000 after acquiring an additional 465,378 shares during the last quarter.

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

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.