Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as $46.32 and last traded at $46.30, with a volume of 27366 shares trading hands. The stock had previously closed at $46.2350.

Innovator U.S. Equity Power Buffer ETF – January Stock Up 0.1%

The company has a market cap of $1.36 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47. The business has a fifty day simple moving average of $45.75 and a 200 day simple moving average of $44.36.

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

Institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 21.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 321,468 shares of the company’s stock worth $13,331,000 after purchasing an additional 56,058 shares during the last quarter. Axxcess Wealth Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January during the 1st quarter worth about $241,000. Stephens Inc. AR raised its stake in Innovator U.S. Equity Power Buffer ETF – January by 5.3% in the 1st quarter. Stephens Inc. AR now owns 15,830 shares of the company’s stock valued at $656,000 after purchasing an additional 800 shares during the last quarter. CWM LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – January by 43.8% in the 1st quarter. CWM LLC now owns 199,469 shares of the company’s stock valued at $8,272,000 after purchasing an additional 60,804 shares during the last quarter. Finally, Corrado Advisors LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – January by 24.5% in the 1st quarter. Corrado Advisors LLC now owns 48,783 shares of the company’s stock valued at $2,023,000 after purchasing an additional 9,588 shares in 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.