Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sets New 52-Week High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as $48.67 and last traded at $48.67, with a volume of 11227 shares trading hands. The stock had previously closed at $48.54.

Innovator U.S. Equity Power Buffer ETF – July Trading Up 0.1%

The company has a market cap of $1.01 billion, a PE ratio of 24.44 and a beta of 0.46. The business’s 50-day simple moving average is $47.89 and its 200-day simple moving average is $46.96.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SageView Advisory Group LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 34.9% in the 3rd quarter. SageView Advisory Group LLC now owns 181,869 shares of the company’s stock worth $8,293,000 after buying an additional 47,069 shares in the last quarter. BIP Wealth LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – July in the 4th quarter worth approximately $749,000. CWM LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 9.0% in the 4th quarter. CWM LLC now owns 277,222 shares of the company’s stock worth $12,871,000 after buying an additional 22,886 shares in the last quarter. BCS Wealth Management lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 90.9% in the 4th quarter. BCS Wealth Management now owns 95,510 shares of the company’s stock worth $4,435,000 after buying an additional 45,472 shares in the last quarter. Finally, Caprock Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – July in the 3rd quarter worth approximately $526,000.

About Innovator U.S. Equity Power Buffer ETF – July

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.