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

Shares of Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) reached a new 52-week high on Thursday . The stock traded as high as $44.05 and last traded at $44.07, with a volume of 857 shares traded. The stock had previously closed at $43.94.

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

The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 24.08 and a beta of 0.42. The business has a 50 day moving average price of $43.44 and a 200-day moving average price of $42.30.

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

Several institutional investors have recently added to or reduced their stakes in the business. Citadel Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February during the 2nd quarter worth approximately $1,535,000. KFG Wealth Management LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 1.8% during the 2nd quarter. KFG Wealth Management LLC now owns 64,990 shares of the company’s stock valued at $2,798,000 after acquiring an additional 1,149 shares during the period. Capital Square LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the 2nd quarter valued at $486,000. MTM Financial Group LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – February by 1.4% during the first quarter. MTM Financial Group LLC now owns 85,161 shares of the company’s stock worth $3,415,000 after acquiring an additional 1,215 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – February by 13.0% during the first quarter. NewEdge Advisors LLC now owns 33,782 shares of the company’s stock worth $1,355,000 after acquiring an additional 3,898 shares in the last quarter.

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.