Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Stock Price Up 0.4% – Here’s What Happened

Shares of Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) traded up 0.4% during mid-day trading on Thursday . The company traded as high as $45.60 and last traded at $45.59. 11,700 shares were traded during trading, a decline of 78% from the average daily volume of 52,682 shares. The stock had previously closed at $45.41.

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

The company’s 50 day moving average is $44.84 and its 200 day moving average is $43.49. The stock has a market capitalization of $769.56 million, a price-to-earnings ratio of 24.05 and a beta of 0.45.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Jane Street Group LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 6.6% in the first quarter. Jane Street Group LLC now owns 13,787 shares of the company’s stock valued at $513,000 after buying an additional 848 shares during the period. EP Wealth Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – November during the second quarter valued at about $120,000. MML Investors Services LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – November by 0.9% in the 2nd quarter. MML Investors Services LLC now owns 69,455 shares of the company’s stock valued at $2,745,000 after acquiring an additional 593 shares in the last quarter. Prairie Wealth Advisors Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – November by 3.8% in the 3rd quarter. Prairie Wealth Advisors Inc. now owns 40,626 shares of the company’s stock valued at $1,668,000 after acquiring an additional 1,491 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 97.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 66,460 shares of the company’s stock worth $2,729,000 after acquiring an additional 32,872 shares during the period.

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

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.