Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Hits New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $42.63 and last traded at $42.60, with a volume of 26166 shares changing hands. The stock had previously closed at $42.58.

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

The firm has a market capitalization of $996.84 million, a price-to-earnings ratio of 24.08 and a beta of 0.42. The company has a 50 day moving average price of $41.06 and a two-hundred day moving average price of $40.75.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – February

Large investors have recently added to or reduced their stakes in the stock. Penserra Capital Management LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – February by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,568,151 shares of the company’s stock valued at $62,239,000 after purchasing an additional 25,620 shares in the last quarter. Brookstone Capital Management increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 479.8% during the first quarter. Brookstone Capital Management now owns 902,110 shares of the company’s stock worth $36,175,000 after purchasing an additional 746,522 shares in the last quarter. Focus Partners Wealth raised its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 673.3% during the 4th quarter. Focus Partners Wealth now owns 382,285 shares of the company’s stock worth $15,566,000 after purchasing an additional 332,851 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – February by 11.3% in the 1st quarter. Kestra Advisory Services LLC now owns 334,764 shares of the company’s stock valued at $13,424,000 after buying an additional 34,047 shares in the last quarter. Finally, Caprock Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – February in the 3rd quarter valued at about $12,348,000.

Innovator U.S. Equity Power Buffer ETF – February Company Profile

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.