Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sets New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) shares hit a new 52-week high during trading on Friday. The stock traded as high as $47.00 and last traded at $46.9750, with a volume of 2862 shares. The stock had previously closed at $46.73.

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

The firm has a market cap of $908.13 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. The firm’s 50 day moving average is $46.58 and its 200-day moving average is $45.37.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Kestra Advisory Services LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – August by 36.7% during the first quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock worth $17,434,000 after purchasing an additional 109,537 shares during the period. Concurrent Investment Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 40.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 206,911 shares of the company’s stock worth $9,443,000 after buying an additional 59,806 shares during the period. Rothschild Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the 4th quarter worth $7,854,000. Cornerstone Wealth LLC TN acquired a new position in Innovator U.S. Equity Power Buffer ETF – August in the 1st quarter valued at $6,283,000. Finally, Patriot Financial Group Insurance Agency LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – August by 100.0% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 79,992 shares of the company’s stock worth $3,417,000 after acquiring an additional 39,996 shares during the period.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.