Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Sets New 52-Week High – What’s Next?

Shares of Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $40.39 and last traded at $41.20, with a volume of 14619 shares trading hands. The stock had previously closed at $40.33.

Innovator U.S. Equity Power Buffer ETF – June Price Performance

The stock has a 50-day moving average of $41.07 and a 200-day moving average of $39.90. The firm has a market cap of $754.54 million, a price-to-earnings ratio of 24.61 and a beta of 0.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 274.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,670,634 shares of the company’s stock worth $66,424,000 after acquiring an additional 1,224,248 shares during the period. Brookstone Capital Management boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 360.7% in the 3rd quarter. Brookstone Capital Management now owns 939,195 shares of the company’s stock valued at $38,648,000 after purchasing an additional 735,354 shares in the last quarter. Berkshire Money Management Inc. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 2,852.1% during the 2nd quarter. Berkshire Money Management Inc. now owns 623,576 shares of the company’s stock worth $24,793,000 after buying an additional 602,453 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – June by 390.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 368,519 shares of the company’s stock valued at $14,697,000 after buying an additional 293,307 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in Innovator U.S. Equity Power Buffer ETF – June by 10.5% during the second quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock worth $117,022,000 after acquiring an additional 280,337 shares in the last quarter.

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.