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

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high during trading on Monday . The company traded as high as $49.16 and last traded at $49.16, with a volume of 2285 shares changing hands. The stock had previously closed at $48.95.

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

The business’s 50 day moving average price is $48.75 and its 200-day moving average price is $47.62. The firm has a market capitalization of $1.03 billion, a PE ratio of 24.44 and a beta of 0.46.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 11.7% during the third quarter. Raymond James Financial Inc. now owns 526,938 shares of the company’s stock worth $24,028,000 after buying an additional 55,198 shares during the period. Focus Partners Wealth raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 750.8% in the 4th quarter. Focus Partners Wealth now owns 366,446 shares of the company’s stock valued at $17,014,000 after buying an additional 323,374 shares during the period. Cetera Investment Advisers lifted its stake in Innovator U.S. Equity Power Buffer ETF – July by 0.7% during the 4th quarter. Cetera Investment Advisers now owns 317,260 shares of the company’s stock worth $14,730,000 after acquiring an additional 2,299 shares in the last quarter. LPL Financial LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – July by 11.1% during the 4th quarter. LPL Financial LLC now owns 311,290 shares of the company’s stock worth $14,453,000 after acquiring an additional 31,097 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – July by 3.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 287,524 shares of the company’s stock worth $13,217,000 after acquiring an additional 8,474 shares in 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.