Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Hits New 12-Month High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL)’s stock price hit a new 52-week high on Monday . The company traded as high as $45.89 and last traded at $46.8220, with a volume of 71411 shares. The stock had previously closed at $45.72.

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

The stock has a 50 day moving average of $46.35 and a two-hundred day moving average of $45.56. The firm has a market capitalization of $972.14 million, a P/E ratio of 24.44 and a beta of 0.46.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. PFG Advisors boosted its holdings in Innovator U.S. Equity Power Buffer ETF – July by 24.0% in the 4th quarter. PFG Advisors now owns 41,169 shares of the company’s stock valued at $1,911,000 after purchasing an additional 7,957 shares during the period. Merit Financial Group LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 217.3% in the fourth quarter. Merit Financial Group LLC now owns 23,042 shares of the company’s stock valued at $1,070,000 after buying an additional 15,781 shares during the period. AE Wealth Management LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 2.5% in the fourth quarter. AE Wealth Management LLC now owns 38,551 shares of the company’s stock valued at $1,790,000 after buying an additional 936 shares during the period. CWM LLC grew its position in Innovator U.S. Equity Power Buffer ETF – July by 9.0% during the fourth quarter. CWM LLC now owns 277,222 shares of the company’s stock worth $12,871,000 after buying an additional 22,886 shares in the last quarter. Finally, BCS Wealth Management increased its stake in Innovator U.S. Equity Power Buffer ETF – July by 90.9% during the fourth quarter. BCS Wealth Management now owns 95,510 shares of the company’s stock valued at $4,435,000 after acquiring an additional 45,472 shares during the period.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.