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

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high during trading on Wednesday . The company traded as high as $48.32 and last traded at $48.32, with a volume of 38259 shares changing hands. The stock had previously closed at $48.24.

Innovator U.S. Equity Power Buffer ETF – July Stock Up 0.1%

The business has a fifty day moving average of $46.91 and a 200 day moving average of $46.54. The firm has a market cap of $1.00 billion, a P/E ratio of 24.44 and a beta of 0.46.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Barclays PLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – July by 888.5% during the fourth 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 acquired a new position in Innovator U.S. Equity Power Buffer ETF – July during the second quarter valued at approximately $53,000. Parallel Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – July during the fourth quarter valued at approximately $64,000. Optima Capital LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – July during the fourth quarter valued at approximately $83,000. Finally, MMA Asset Management LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – July during the third quarter valued at approximately $115,000.

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

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.