Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Reaches New 1-Year High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $43.81 and last traded at $43.78, with a volume of 178037 shares changing hands. The stock had previously closed at $43.76.

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

The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 24.08 and a beta of 0.42. The business’s 50-day moving average price is $43.06 and its 200 day moving average price is $41.91.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PFEB. Brookstone Capital Management increased its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 479.8% during the first quarter. Brookstone Capital Management now owns 902,110 shares of the company’s stock worth $36,175,000 after acquiring an additional 746,522 shares during the last quarter. Focus Partners Wealth boosted its holdings in Innovator U.S. Equity Power Buffer ETF – February by 673.3% in the fourth quarter. Focus Partners Wealth now owns 382,285 shares of the company’s stock valued at $15,566,000 after purchasing an additional 332,851 shares during the last quarter. Kestra Advisory Services LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – February by 11.3% during the 1st quarter. Kestra Advisory Services LLC now owns 334,764 shares of the company’s stock valued at $13,424,000 after purchasing an additional 34,047 shares in the last quarter. Cetera Investment Advisers grew its stake in Innovator U.S. Equity Power Buffer ETF – February by 35.7% during the 1st quarter. Cetera Investment Advisers now owns 275,252 shares of the company’s stock valued at $11,038,000 after purchasing an additional 72,434 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – February by 6.6% during the 4th quarter. LPL Financial LLC now owns 266,535 shares of the company’s stock worth $10,853,000 after purchasing an additional 16,387 shares during 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.