Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sets New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $44.87 and last traded at $44.80, with a volume of 2388 shares. The stock had previously closed at $44.68.

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

The company has a 50-day moving average price of $43.50 and a 200-day moving average price of $43.24. The firm has a market capitalization of $869.31 million, a price-to-earnings ratio of 24.79 and a beta of 0.48.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Gill Capital Partners LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – August by 29.4% during the third quarter. Gill Capital Partners LLC now owns 138,735 shares of the company’s stock worth $5,892,000 after purchasing an additional 31,506 shares in the last quarter. Bellwether Advisors LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – August by 31.7% during the third quarter. Bellwether Advisors LLC now owns 84,935 shares of the company’s stock worth $3,607,000 after purchasing an additional 20,431 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – August during the third quarter worth approximately $1,022,000. Commonwealth Equity Services LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – August by 4.8% during the third quarter. Commonwealth Equity Services LLC now owns 606,095 shares of the company’s stock worth $25,741,000 after purchasing an additional 27,529 shares in the last quarter. Finally, Alliancebernstein L.P. raised its holdings in Innovator U.S. Equity Power Buffer ETF – August by 28.3% during the third quarter. Alliancebernstein L.P. now owns 3,324,821 shares of the company’s stock worth $141,205,000 after purchasing an additional 733,172 shares in the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.