Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Hits New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN)’s share price hit a new 52-week high on Wednesday . The company traded as high as $42.32 and last traded at $42.3340, with a volume of 5535 shares. The stock had previously closed at $42.24.

Innovator U.S. Equity Power Buffer ETF – June Trading Up 0.3%

The stock has a market cap of $771.97 million, a P/E ratio of 24.61 and a beta of 0.44. The firm’s fifty day moving average is $42.06 and its 200 day moving average is $41.43.

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

Several hedge funds have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC increased its position in Innovator U.S. Equity Power Buffer ETF – June by 274.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,670,634 shares of the company’s stock worth $66,424,000 after buying an additional 1,224,248 shares during the period. Brookstone Capital Management increased its position in Innovator U.S. Equity Power Buffer ETF – June by 360.7% during the third quarter. Brookstone Capital Management now owns 939,195 shares of the company’s stock worth $38,648,000 after acquiring an additional 735,354 shares during the period. Focus Partners Wealth raised its stake in Innovator U.S. Equity Power Buffer ETF – June by 717.2% during the 4th quarter. Focus Partners Wealth now owns 449,124 shares of the company’s stock valued at $18,809,000 after purchasing an additional 394,162 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in 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 purchasing an additional 280,337 shares during the period. Finally, Penserra Capital Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – June by 15.4% in the 2nd quarter. Penserra Capital Management LLC now owns 1,493,506 shares of the company’s stock worth $59,381,000 after purchasing an additional 199,175 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.