Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Reaches New 52-Week High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $48.11 and last traded at $47.94, with a volume of 36292 shares changing hands. The stock had previously closed at $47.99.

Innovator U.S. Equity Power Buffer ETF – July Stock Performance

The business’s 50 day moving average price is $46.80 and its 200-day moving average price is $46.47. The company has a market cap of $998.28 million, a price-to-earnings ratio of 24.44 and a beta of 0.46.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Barclays PLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 888.5% in the 4th quarter. Barclays PLC now owns 1,117 shares of the company’s stock valued at $52,000 after purchasing an additional 1,004 shares during the period. Chapman Financial Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the 2nd quarter worth approximately $53,000. Parallel Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – July in the 4th quarter valued at $64,000. Optima Capital LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at $83,000. Finally, MMA Asset Management LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July in the third quarter valued at $115,000.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.