Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Reaches New 1-Year High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $46.03 and last traded at $46.03, with a volume of 4384 shares changing hands. The stock had previously closed at $45.93.

Innovator U.S. Equity Power Buffer ETF – September Price Performance

The stock has a market cap of $821.28 million, a P/E ratio of 25.05 and a beta of 0.48. The firm’s fifty day moving average price is $45.54 and its two-hundred day moving average price is $44.39.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – September by 1.8% in the first quarter. AQR Capital Management LLC now owns 15,255 shares of the company’s stock valued at $586,000 after purchasing an additional 275 shares in the last quarter. Creative Planning purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the 2nd quarter valued at $200,000. Cerity Partners LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 189.2% during the 2nd quarter. Cerity Partners LLC now owns 30,844 shares of the company’s stock valued at $1,261,000 after buying an additional 20,177 shares in the last quarter. Benjamin Edwards Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 9.5% during the 2nd quarter. Benjamin Edwards Inc. now owns 11,479 shares of the company’s stock worth $469,000 after acquiring an additional 1,000 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 190.6% during the 2nd quarter. MML Investors Services LLC now owns 122,394 shares of the company’s stock worth $5,005,000 after acquiring an additional 80,272 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.