Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Reaches New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $40.7738 and last traded at $40.79, with a volume of 13384 shares changing hands. The stock had previously closed at $40.73.

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

The firm has a market cap of $954.49 million, a PE ratio of 24.08 and a beta of 0.42. The business has a fifty day moving average price of $40.16 and a two-hundred day moving average price of $39.26.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – February

A number of hedge funds have recently made changes to their positions in the stock. Citadel Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – February during the third quarter valued at approximately $223,000. Commons Capital LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February during the 3rd quarter valued at $208,000. Vestmark Advisory Solutions Inc. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the 3rd quarter valued at $3,317,000. Caprock Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – February in the third quarter worth $12,348,000. Finally, BridgePort Financial Solutions LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February during the third quarter worth $207,000.

Innovator U.S. Equity Power Buffer ETF – February Company Profile

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.