Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Hits New 52-Week High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $45.15 and last traded at $45.15, with a volume of 3592 shares traded. The stock had previously closed at $45.01.

Innovator U.S. Equity Power Buffer ETF – August Trading Up 0.2%

The firm has a market capitalization of $877.66 million, a PE ratio of 24.79 and a beta of 0.48. The business has a 50 day moving average price of $43.89 and a 200-day moving average price of $43.45.

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

A number of institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 15.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock worth $75,000 after acquiring an additional 248 shares during the period. First Commonwealth Financial Corp PA grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 0.4% in the 4th quarter. First Commonwealth Financial Corp PA now owns 65,840 shares of the company’s stock worth $2,848,000 after acquiring an additional 259 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 13.1% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,375 shares of the company’s stock worth $101,000 after acquiring an additional 275 shares during the period. NewEdge Advisors LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 1.3% in the 3rd quarter. NewEdge Advisors LLC now owns 20,758 shares of the company’s stock worth $882,000 after acquiring an additional 276 shares during the period. Finally, Cornerstone Wealth Group LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 0.9% in the 4th quarter. Cornerstone Wealth Group LLC now owns 33,118 shares of the company’s stock worth $1,432,000 after acquiring an additional 284 shares during the period.

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

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.