Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Hits New 52-Week High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) shares reached a new 52-week high during trading on Monday . The company traded as high as $42.06 and last traded at $42.1990, with a volume of 575303 shares trading hands. The stock had previously closed at $42.01.

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

The firm has a market cap of $768.94 million, a PE ratio of 24.61 and a beta of 0.44. The firm has a 50-day simple moving average of $41.75 and a 200 day simple moving average of $41.11.

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

Hedge funds have recently added to or reduced their stakes in the stock. Clay Northam Wealth Management LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – June by 4.1% in the 2nd quarter. Clay Northam Wealth Management LLC now owns 6,960 shares of the company’s stock worth $277,000 after purchasing an additional 275 shares in the last quarter. Brown Wealth Management LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – June by 0.9% in the third quarter. Brown Wealth Management LLC now owns 32,514 shares of the company’s stock worth $1,338,000 after buying an additional 299 shares in the last quarter. Faithward Advisors LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 1.9% during the third quarter. Faithward Advisors LLC now owns 16,642 shares of the company’s stock valued at $685,000 after acquiring an additional 307 shares in the last quarter. Castle Rock Wealth Management LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 0.7% during the second quarter. Castle Rock Wealth Management LLC now owns 45,035 shares of the company’s stock valued at $1,804,000 after acquiring an additional 308 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – June by 1.9% in the 3rd quarter. Quest 10 Wealth Builders Inc. now owns 18,351 shares of the company’s stock worth $755,000 after acquiring an additional 336 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.