Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sets New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $48.75 and last traded at $48.66, with a volume of 9246 shares. The stock had previously closed at $48.71.

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

The firm has a fifty day moving average price of $48.31 and a two-hundred day moving average price of $47.16. The stock has a market capitalization of $1.01 billion, a P/E ratio of 24.44 and a beta of 0.46.

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

Several institutional investors and hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 7.5% during the first quarter. AQR Capital Management LLC now owns 15,703 shares of the company’s stock valued at $631,000 after purchasing an additional 1,100 shares during the period. Goldman Sachs Group Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – July in the first quarter valued at about $2,005,000. NewEdge Advisors LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 123.7% during the 2nd quarter. NewEdge Advisors LLC now owns 183,319 shares of the company’s stock valued at $8,039,000 after purchasing an additional 101,387 shares during the period. Diversify Advisory Services LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 4.6% during the 2nd quarter. Diversify Advisory Services LLC now owns 7,922 shares of the company’s stock valued at $354,000 after purchasing an additional 350 shares during the period. Finally, Raymond James Financial Inc. increased its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 3.1% during the 2nd quarter. Raymond James Financial Inc. now owns 471,740 shares of the company’s stock valued at $20,686,000 after purchasing an additional 14,362 shares during the last quarter.

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.