Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Hits New 12-Month High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) hit a new 52-week high on Friday . The stock traded as high as $44.08 and last traded at $44.08, with a volume of 541 shares traded. The stock had previously closed at $43.97.

Innovator U.S. Equity Power Buffer ETF – November Price Performance

The company has a 50-day simple moving average of $42.33 and a two-hundred day simple moving average of $41.97. The stock has a market capitalization of $744.07 million, a price-to-earnings ratio of 24.05 and a beta of 0.45.

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

Several large investors have recently added to or reduced their stakes in PNOV. Jane Street Group LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 6.6% in the first quarter. Jane Street Group LLC now owns 13,787 shares of the company’s stock worth $513,000 after buying an additional 848 shares during the period. EP Wealth Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November in the second quarter worth $120,000. MML Investors Services LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 0.9% in the second quarter. MML Investors Services LLC now owns 69,455 shares of the company’s stock worth $2,745,000 after buying an additional 593 shares during the period. Foundations Investment Advisors LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 2.2% in the third quarter. Foundations Investment Advisors LLC now owns 38,324 shares of the company’s stock worth $1,574,000 after buying an additional 837 shares during the period. Finally, Penserra Capital Management LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 1.7% in the third quarter. Penserra Capital Management LLC now owns 1,507,897 shares of the company’s stock worth $61,914,000 after buying an additional 24,635 shares during the period.

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.