Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Reaches New 12-Month High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s stock price hit a new 52-week high on Wednesday. The stock traded as high as $51.28 and last traded at $51.15, with a volume of 3,903 shares. The stock had previously closed at $50.75.

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

The firm’s 50-day moving average is $50.80 and its 200-day moving average is $49.00. The company has a market capitalization of $1.51 billion, a P/E ratio of 24.16 and a beta of 0.47.

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

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Hohimer Wealth Management LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the 3rd quarter worth $303,000. BCS Wealth Management bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the 3rd quarter worth about $1,344,000. StoneX Group Inc. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the 3rd quarter valued at about $293,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the 3rd quarter valued at about $610,000. Finally, Allegiance Financial Group Advisory Services LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the 3rd quarter valued at about $395,000.

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

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.