Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Reaches New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $46.30 and last traded at $46.1460, with a volume of 1,046 shares traded. The stock had previously closed at $45.70.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 0.3%

The company has a fifty day simple moving average of $45.63 and a 200-day simple moving average of $43.69. The stock has a market cap of $779.70 million, a price-to-earnings ratio of 24.05 and a beta of 0.45.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 101.7% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 72,088 shares of the company’s stock valued at $2,946,000 after purchasing an additional 36,350 shares in the last quarter. Citadel Advisors LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 93.3% during the second quarter. Citadel Advisors LLC now owns 31,624 shares of the company’s stock valued at $1,403,000 after buying an additional 15,263 shares in the last quarter. Talon Private Wealth LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the first quarter valued at $1,174,000. Apollon Wealth Management LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 105.0% during the first quarter. Apollon Wealth Management LLC now owns 49,769 shares of the company’s stock valued at $2,034,000 after buying an additional 25,491 shares in the last quarter. Finally, Independent Financial Group LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the first quarter valued at $637,000.

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

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.