Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Reaches New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $47.08 and last traded at $46.85, with a volume of 7424 shares traded. The stock had previously closed at $46.39.

Innovator U.S. Equity Power Buffer ETF – July Stock Up 1.0%

The firm has a 50-day moving average price of $46.47 and a 200 day moving average price of $46.18. The firm has a market capitalization of $971.93 million, a PE ratio of 24.44 and a beta of 0.46.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bernard Wealth Management Corp. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 124.9% in the third quarter. Bernard Wealth Management Corp. now owns 1,082 shares of the company’s stock valued at $49,000 after acquiring an additional 601 shares in the last quarter. Barclays PLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 888.5% in the fourth quarter. Barclays PLC now owns 1,117 shares of the company’s stock valued at $52,000 after acquiring an additional 1,004 shares in the last quarter. Chapman Financial Group LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – July in the second quarter valued at $53,000. Parallel Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at $64,000. Finally, Optima Capital LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at $83,000.

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.