Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s stock price passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $50.82 and traded as high as $51.13. Innovator U.S. Equity Power Buffer ETF – January shares last traded at $51.05, with a volume of 19,265 shares.

Innovator U.S. Equity Power Buffer ETF – January Stock Down 0.1%

The stock’s 50 day moving average price is $50.83 and its two-hundred day moving average price is $49.14. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 24.16 and a beta of 0.51.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Several hedge funds have recently added to or reduced their stakes in the business. Jessup Wealth Management Inc raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 1.1% during the 1st quarter. Jessup Wealth Management Inc now owns 36,238 shares of the company’s stock valued at $1,672,000 after buying an additional 388 shares during the last quarter. Private Advisor Group LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 21.5% in the first quarter. Private Advisor Group LLC now owns 5,408 shares of the company’s stock worth $249,000 after buying an additional 957 shares during the last quarter. Chicago Partners Investment Group LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 9.0% in the first quarter. Chicago Partners Investment Group LLC now owns 15,510 shares of the company’s stock worth $750,000 after buying an additional 1,286 shares during the last quarter. MTM Financial Group LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 2.4% in the first quarter. MTM Financial Group LLC now owns 78,689 shares of the company’s stock worth $3,630,000 after buying an additional 1,830 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the third quarter worth about $108,000.

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

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.