Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Trading 0% Higher – Time to Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) were up 0% during trading on Wednesday . The company traded as high as $44.02 and last traded at $43.94. 17,233 shares were traded during trading, a decline of 80% from the average session volume of 86,900 shares. The stock had previously closed at $43.93.

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

The business’s 50 day moving average price is $43.51 and its two-hundred day moving average price is $42.92. The company has a market capitalization of $804.13 million, a price-to-earnings ratio of 24.61 and a beta of 0.44.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – June

A number of institutional investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – June by 149.1% during the 2nd quarter. NewEdge Advisors LLC now owns 36,668 shares of the company’s stock valued at $1,458,000 after purchasing an additional 21,947 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 10.5% during 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. Raymond James Financial Inc. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 77.0% in the 2nd quarter. Raymond James Financial Inc. now owns 331,546 shares of the company’s stock worth $13,182,000 after buying an additional 144,206 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – June in the 2nd quarter worth $1,322,000. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 5.6% in the second quarter. Benjamin Edwards Inc. now owns 24,229 shares of the company’s stock valued at $963,000 after buying an additional 1,289 shares during the period.

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.