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) reached a new 52-week high during trading on Tuesday . The stock traded as high as $48.11 and last traded at $47.94, with a volume of 36292 shares traded. The stock had previously closed at $47.99.

Innovator U.S. Equity Power Buffer ETF – July Stock Down 0.1%

The firm has a 50 day moving average price of $46.75 and a 200 day moving average price of $46.43. The stock has a market cap of $994.76 million, a P/E ratio of 24.44 and a beta of 0.46.

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

A number of institutional investors and hedge funds have recently bought and sold shares of PJUL. AQR Capital Management LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – July by 7.5% during the first quarter. AQR Capital Management LLC now owns 15,703 shares of the company’s stock valued at $631,000 after acquiring an additional 1,100 shares during the period. Goldman Sachs Group Inc. bought a new stake in Innovator U.S. Equity Power Buffer ETF – July during the first quarter valued at about $2,005,000. NewEdge Advisors LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – July by 123.7% during the second quarter. NewEdge Advisors LLC now owns 183,319 shares of the company’s stock valued at $8,039,000 after acquiring an additional 101,387 shares during the period. Diversify Advisory Services LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – July by 4.6% during the second quarter. Diversify Advisory Services LLC now owns 7,922 shares of the company’s stock valued at $354,000 after acquiring an additional 350 shares during the period. Finally, Raymond James Financial Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – July by 3.1% during the second quarter. Raymond James Financial Inc. now owns 471,740 shares of the company’s stock valued at $20,686,000 after acquiring an additional 14,362 shares during the period.

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.