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)’s share price hit a new 52-week high on Tuesday. The stock traded as high as $46.30 and last traded at $46.1460, with a volume of 1,046 shares trading hands. The stock had previously closed at $45.70.

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

The company has a 50 day moving average of $45.63 and a two-hundred day moving average of $43.69. The firm has a market cap of $779.70 million, a P/E ratio of 24.05 and a beta of 0.45.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in PNOV. Brookstone Capital Management acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November during the third quarter valued at approximately $22,469,000. Patriot Financial Group Insurance Agency LLC increased 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 buying an additional 36,350 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 105.0% in 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. Diligent Investors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – November in the third quarter valued at $1,993,000. Finally, Ascent Wealth Partners LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November during the 3rd quarter valued at $1,574,000.

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.