Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Hits New 52-Week High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) reached a new 52-week high on Monday . The company traded as high as $40.39 and last traded at $41.4050, with a volume of 14619 shares changing hands. The stock had previously closed at $40.33.

Innovator U.S. Equity Power Buffer ETF – June Stock Up 2.6%

The firm has a 50 day moving average price of $41.03 and a 200 day moving average price of $39.78. The stock has a market cap of $754.18 million, a P/E ratio of 24.61 and a beta of 0.44.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – June

A number of large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 1.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 255,055 shares of the company’s stock worth $10,496,000 after purchasing an additional 3,344 shares during the period. Penserra Capital Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – June by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,518,311 shares of the company’s stock valued at $62,478,000 after buying an additional 24,805 shares during the period. Brown Wealth Management LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – June by 0.9% in the third quarter. Brown Wealth Management LLC now owns 32,514 shares of the company’s stock valued at $1,338,000 after purchasing an additional 299 shares during the period. Global Assets Advisory LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – June in the third quarter valued at approximately $635,000. Finally, Arkadios Wealth Advisors purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – June in the third quarter worth about $973,000.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.