Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Hits New 52-Week High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $45.96 and last traded at $45.92, with a volume of 1638 shares trading hands. The stock had previously closed at $45.86.

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

The company has a market capitalization of $890.85 million, a P/E ratio of 24.79 and a beta of 0.48. The stock’s 50 day moving average is $45.52 and its 200-day moving average is $44.33.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Integral Investment Advisors Inc. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the 2nd quarter worth about $201,000. GTS Financial LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – August during the 1st quarter valued at about $1,516,000. Cornerstone Wealth LLC TN purchased a new position in Innovator U.S. Equity Power Buffer ETF – August during the 1st quarter valued at about $6,283,000. Independent Financial Group LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – August during the first quarter worth about $677,000. Finally, Kestra Advisory Services LLC boosted its stake 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 acquiring an additional 109,537 shares in the last quarter.

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.