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

Shares of Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $44.55 and last traded at $44.46, with a volume of 1230 shares trading hands. The stock had previously closed at $44.38.

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

The firm has a market cap of $862.91 million, a PE ratio of 24.79 and a beta of 0.48. The business has a fifty day moving average price of $43.34 and a two-hundred day moving average price of $43.13.

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

A number of large investors have recently bought and sold shares of the business. Alliancebernstein L.P. raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – August by 28.3% in the third quarter. Alliancebernstein L.P. now owns 3,324,821 shares of the company’s stock valued at $141,205,000 after purchasing an additional 733,172 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – August by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,481,872 shares of the company’s stock worth $62,935,000 after acquiring an additional 24,210 shares in the last quarter. Brookstone Capital Management grew its position in Innovator U.S. Equity Power Buffer ETF – August by 437.3% during the 3rd quarter. Brookstone Capital Management now owns 901,501 shares of the company’s stock worth $38,287,000 after acquiring an additional 733,714 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – August by 4.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 606,095 shares of the company’s stock valued at $25,741,000 after purchasing an additional 27,529 shares in the last quarter. Finally, Focus Partners Wealth grew its holdings in Innovator U.S. Equity Power Buffer ETF – August by 198.7% during the 4th quarter. Focus Partners Wealth now owns 566,642 shares of the company’s stock worth $24,507,000 after acquiring an additional 376,961 shares during 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.