Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Reaches New 52-Week High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $50.75 and last traded at $50.7050, with a volume of 9599 shares trading hands. The stock had previously closed at $50.56.

Innovator U.S. Equity Power Buffer ETF – January Trading Down 0.3%

The stock has a market capitalization of $1.49 billion, a P/E ratio of 24.16 and a beta of 0.47. The stock’s 50 day simple moving average is $50.05 and its 200 day simple moving average is $48.70.

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

A number of institutional investors have recently modified their holdings of PJAN. Global Assets Advisory LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – January in the first quarter worth about $34,000. Parallel Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $65,000. Global Retirement Partners LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $100,000. Fifth Third Bancorp bought a new position in Innovator U.S. Equity Power Buffer ETF – January during the 1st quarter worth approximately $115,000. Finally, Silicon Valley Capital Partners bought a new position in Innovator U.S. Equity Power Buffer ETF – January during the 3rd quarter worth approximately $174,000.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.