Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 12-Month High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) hit a new 52-week high on Tuesday . The company traded as high as $48.45 and last traded at $48.42, with a volume of 47898 shares traded. The stock had previously closed at $48.36.

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

The stock has a market capitalization of $1.42 billion, a P/E ratio of 24.16 and a beta of 0.47. The stock has a 50-day moving average price of $47.06 and a two-hundred day moving average price of $46.83.

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

Hedge funds have recently made changes to their positions in the company. Capital Investment Advisory Services LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $27,000. Assetmark Inc. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 93.3% during the fourth quarter. Assetmark Inc. now owns 860 shares of the company’s stock valued at $40,000 after purchasing an additional 415 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $65,000. Global Retirement Partners LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $100,000. Finally, Optima Capital LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $111,000.

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.