Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Hits New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $43.39 and last traded at $43.34, with a volume of 39319 shares changing hands. The stock had previously closed at $43.15.

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

The company has a market cap of $1.01 billion, a price-to-earnings ratio of 24.08 and a beta of 0.42. The business has a fifty day moving average price of $43.00 and a 200 day moving average price of $41.84.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. World Investment Advisors boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 14.0% in the 4th quarter. World Investment Advisors now owns 146,120 shares of the company’s stock valued at $5,950,000 after purchasing an additional 17,922 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – February by 114.1% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 74,918 shares of the company’s stock valued at $3,004,000 after buying an additional 39,931 shares in the last quarter. Frisch Financial Group Inc. acquired a new stake in Innovator U.S. Equity Power Buffer ETF – February in the first quarter valued at approximately $745,000. Nations Financial Group Inc. IA ADV grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 79.7% during the first quarter. Nations Financial Group Inc. IA ADV now owns 58,972 shares of the company’s stock worth $2,365,000 after buying an additional 26,155 shares during the last quarter. Finally, Forty three Eighteen Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the fourth quarter worth $949,000.

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

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.