Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Reaches New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)’s share price hit a new 52-week high on Monday . The company traded as high as $46.80 and last traded at $46.72, with a volume of 2320 shares traded. The stock had previously closed at $46.72.

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

The business has a 50 day moving average price of $46.16 and a 200-day moving average price of $44.99. The company has a market capitalization of $833.77 million, a price-to-earnings ratio of 25.05 and a beta of 0.48.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock valued at $46,788,000 after acquiring an additional 1,069,542 shares in the last quarter. Citadel Advisors LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the third quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock worth $30,026,000 after acquiring an additional 690,308 shares in the last quarter. Susquehanna International Group LLP grew its holdings in Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% in the third quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock worth $26,543,000 after purchasing an additional 596,924 shares during the period. Lido Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at $24,178,000. Finally, Focus Partners Wealth increased its stake in Innovator U.S. Equity Power Buffer ETF – September by 431.0% in the fourth quarter. Focus Partners Wealth now owns 401,664 shares of the company’s stock valued at $17,560,000 after purchasing an additional 326,021 shares in the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.