Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Reaches New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $48.85 and last traded at $48.81, with a volume of 1123838 shares trading hands. The stock had previously closed at $48.78.

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

The company has a 50-day moving average of $48.40 and a 200-day moving average of $47.24. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.44 and a beta of 0.46.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Barclays PLC grew its position in Innovator U.S. Equity Power Buffer ETF – July by 888.5% in 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 in the last quarter. Chapman Financial Group LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – July in the 2nd quarter valued at $53,000. Parallel Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July during the 4th quarter worth about $64,000. Optima Capital LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July during the 4th quarter worth about $83,000. Finally, Opus Financial Solutions LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the 4th quarter worth about $210,000.

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.