Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Hits New 52-Week High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $42.06 and last traded at $41.9560, with a volume of 575303 shares traded. The stock had previously closed at $42.01.

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

The company’s 50 day simple moving average is $41.69 and its 200 day simple moving average is $41.04. The stock has a market cap of $765.30 million, a price-to-earnings ratio of 24.61 and a beta of 0.44.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – June

A number of large investors have recently added to or reduced their stakes in the business. Alliancebernstein L.P. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 10.5% in the 2nd quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock valued at $117,022,000 after acquiring an additional 280,337 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 274.3% in the second quarter. Commonwealth Equity Services LLC now owns 1,670,634 shares of the company’s stock worth $66,424,000 after purchasing an additional 1,224,248 shares in the last quarter. Penserra Capital Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – June by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,518,311 shares of the company’s stock valued at $62,478,000 after purchasing an additional 24,805 shares in the last quarter. Brookstone Capital Management increased its position in Innovator U.S. Equity Power Buffer ETF – June by 360.7% in the 3rd quarter. Brookstone Capital Management now owns 939,195 shares of the company’s stock worth $38,648,000 after purchasing an additional 735,354 shares during the last quarter. Finally, Berkshire Money Management Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 1.9% during the 3rd quarter. Berkshire Money Management Inc. now owns 635,721 shares of the company’s stock valued at $26,160,000 after buying an additional 12,145 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.