Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $50.96 and last traded at $50.96, with a volume of 26166 shares trading hands. The stock had previously closed at $50.63.

Innovator U.S. Equity Power Buffer ETF – January Trading Up 0.4%

The company’s fifty day moving average is $50.23 and its 200-day moving average is $48.94. The firm has a market capitalization of $1.49 billion, a P/E ratio of 24.16 and a beta of 0.47.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – January

Several hedge funds have recently added to or reduced their stakes in the business. Brookstone Capital Management grew its position in Innovator U.S. Equity Power Buffer ETF – January by 522.9% in the 1st quarter. Brookstone Capital Management now owns 758,887 shares of the company’s stock worth $35,007,000 after purchasing an additional 637,054 shares during the last quarter. Personal CFO Solutions LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – January during the first quarter worth $27,379,000. Compass Advisory Group LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 442.7% during the 1st quarter. Compass Advisory Group LLC now owns 370,574 shares of the company’s stock worth $17,095,000 after purchasing an additional 302,287 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 15.6% in the first quarter. Cetera Investment Advisers now owns 317,958 shares of the company’s stock valued at $14,667,000 after acquiring an additional 42,905 shares during the last quarter. Finally, Bellwether Advisors LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – January by 8.8% in the fourth quarter. Bellwether Advisors LLC now owns 292,617 shares of the company’s stock worth $13,759,000 after purchasing an additional 23,652 shares in the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.