Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Reaches New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $50.50 and last traded at $50.38, with a volume of 43639 shares traded. The stock had previously closed at $50.38.

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

The stock has a market cap of $1.48 billion, a P/E ratio of 24.16 and a beta of 0.47. The business has a 50 day moving average price of $49.60 and a 200 day moving average price of $48.30.

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

Large investors have recently bought and sold shares of the business. OFS Enterprise LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – January in the 2nd quarter valued at $210,000. MTM Financial Group LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 2.4% during the first quarter. MTM Financial Group LLC now owns 78,689 shares of the company’s stock worth $3,630,000 after purchasing an additional 1,830 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 26.9% during the first quarter. NewEdge Advisors LLC now owns 41,292 shares of the company’s stock worth $1,905,000 after purchasing an additional 8,747 shares during the last quarter. GTS Financial LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at $492,000. Finally, Cornerstone Wealth LLC TN purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at $2,010,000.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.