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

Shares of Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high on Wednesday . The stock traded as high as $48.32 and last traded at $48.32, with a volume of 38259 shares. The stock had previously closed at $48.24.

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

The stock has a market capitalization of $1.00 billion, a P/E ratio of 24.44 and a beta of 0.46. The company has a fifty day simple moving average of $46.91 and a two-hundred day simple moving average of $46.54.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Penserra Capital Management LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 1.7% during the 3rd quarter. Penserra Capital Management LLC now owns 1,393,579 shares of the company’s stock worth $63,547,000 after buying an additional 22,770 shares in the last quarter. Allworth Financial LP increased its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 16,594.1% during the 3rd quarter. Allworth Financial LP now owns 1,308,146 shares of the company’s stock worth $59,651,000 after purchasing an additional 1,300,310 shares during the last quarter. Blair William & Co. IL increased its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 82.2% during the 3rd quarter. Blair William & Co. IL now owns 638,473 shares of the company’s stock worth $29,114,000 after purchasing an additional 287,972 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 3.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 623,372 shares of the company’s stock worth $28,438,000 after purchasing an additional 21,037 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 25.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 536,820 shares of the company’s stock worth $24,479,000 after purchasing an additional 110,561 shares during the last quarter.

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

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.