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

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $42.43 and last traded at $42.43, with a volume of 270 shares changing hands. The stock had previously closed at $42.13.

Innovator U.S. Equity Power Buffer ETF – February Stock Up 0.3%

The firm has a market capitalization of $996.37 million, a P/E ratio of 24.08 and a beta of 0.42. The firm’s 50-day simple moving average is $41.00 and its 200-day simple moving average is $40.71.

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

Large investors have recently modified their holdings of the company. Jessup Wealth Management Inc purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February in the 4th quarter valued at $61,000. Atlantic Private Wealth LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – February during the 1st quarter valued at about $69,000. JPMorgan Chase & Co. increased its stake in Innovator U.S. Equity Power Buffer ETF – February by 38.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock worth $165,000 after purchasing an additional 1,203 shares during the period. AdvisorNet Financial Inc lifted its position in Innovator U.S. Equity Power Buffer ETF – February by 465.9% in the first quarter. AdvisorNet Financial Inc now owns 4,527 shares of the company’s stock valued at $182,000 after purchasing an additional 3,727 shares during the last quarter. Finally, BridgePort Financial Solutions LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February during the third quarter valued at approximately $207,000.

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

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.