Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sets New 12-Month High – Time to Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high on Monday . The company traded as high as $45.89 and last traded at $46.2250, with a volume of 71411 shares traded. The stock had previously closed at $45.72.

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

The stock has a market cap of $958.24 million, a P/E ratio of 24.44 and a beta of 0.46. The firm has a 50-day moving average price of $45.73 and a 200-day moving average price of $44.56.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in PJUL. Allworth Financial LP grew its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 16,594.1% in the 3rd quarter. Allworth Financial LP now owns 1,308,146 shares of the company’s stock worth $59,651,000 after buying an additional 1,300,310 shares during the period. Brookstone Capital Management boosted its stake in Innovator U.S. Equity Power Buffer ETF – July by 876.3% during the third quarter. Brookstone Capital Management now owns 797,215 shares of the company’s stock worth $36,353,000 after acquiring an additional 715,559 shares in the last quarter. Compass Advisory Group LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – July by 2,036.8% in the third quarter. Compass Advisory Group LLC now owns 513,091 shares of the company’s stock worth $23,397,000 after purchasing an additional 489,079 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 329.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 602,335 shares of the company’s stock valued at $26,491,000 after purchasing an additional 462,065 shares in the last quarter. Finally, Blair William & Co. IL lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 82.2% during the third quarter. Blair William & Co. IL now owns 638,473 shares of the company’s stock valued at $29,114,000 after purchasing an additional 287,972 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.