Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high during trading on Monday . The company traded as high as $45.89 and last traded at $45.58, with a volume of 71411 shares. The stock had previously closed at $45.72.

Innovator U.S. Equity Power Buffer ETF – July Trading Down 0.1%

The stock’s fifty day moving average is $45.61 and its two-hundred day moving average is $44.24. The company has a market capitalization of $947.45 million, a PE ratio of 24.44 and a beta of 0.46.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Penserra Capital Management LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,393,579 shares of the company’s stock worth $63,547,000 after purchasing an additional 22,770 shares during the period. Brookstone Capital Management increased its position in Innovator U.S. Equity Power Buffer ETF – July by 876.3% in the third quarter. Brookstone Capital Management now owns 797,215 shares of the company’s stock worth $36,353,000 after buying an additional 715,559 shares during the last quarter. Commonwealth Equity Services LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 6.9% in the first quarter. Commonwealth Equity Services LLC now owns 693,311 shares of the company’s stock valued at $27,864,000 after buying an additional 44,937 shares during the period. Blair William & Co. IL raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 82.2% in the third quarter. Blair William & Co. IL now owns 638,473 shares of the company’s stock valued at $29,114,000 after buying an additional 287,972 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 3.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 623,372 shares of the company’s stock valued at $28,438,000 after buying an additional 21,037 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.