Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Reaches New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high during trading on Thursday . The stock traded as high as $48.75 and last traded at $48.66, with a volume of 9246 shares trading hands. The stock had previously closed at $48.71.

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

The stock’s fifty day moving average price is $48.26 and its 200-day moving average price is $47.13. The firm has a market cap of $1.01 billion, a PE ratio of 24.44 and a beta of 0.46.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Allworth Financial LP increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 16,594.1% in the third quarter. Allworth Financial LP now owns 1,308,146 shares of the company’s stock valued at $59,651,000 after purchasing an additional 1,300,310 shares during the last quarter. Blair William & Co. IL increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 82.2% in the 3rd quarter. Blair William & Co. IL now owns 638,473 shares of the company’s stock worth $29,114,000 after acquiring an additional 287,972 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 11.7% in the 3rd quarter. Raymond James Financial Inc. now owns 526,938 shares of the company’s stock worth $24,028,000 after acquiring an additional 55,198 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July by 750.8% during the 4th quarter. Focus Partners Wealth now owns 366,446 shares of the company’s stock worth $17,014,000 after acquiring an additional 323,374 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – July by 0.7% during the 4th quarter. Cetera Investment Advisers now owns 317,260 shares of the company’s stock valued at $14,730,000 after acquiring an additional 2,299 shares during the last quarter.

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

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.