Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Reaches New 1-Year High – Here’s Why

Shares of Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $43.25 and last traded at $43.21, with a volume of 16982 shares changing hands. The stock had previously closed at $43.17.

Innovator U.S. Equity Power Buffer ETF – June Trading Up 0.2%

The company has a market capitalization of $788.81 million, a price-to-earnings ratio of 24.61 and a beta of 0.44. The firm has a 50-day moving average price of $42.30 and a 200-day moving average price of $41.93.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Independent Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – June in the 1st quarter valued at $2,916,000. Kestra Advisory Services LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 24.3% in the 1st quarter. Kestra Advisory Services LLC now owns 176,717 shares of the company’s stock valued at $7,391,000 after purchasing an additional 34,495 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – June in the 1st quarter valued at $1,971,000. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 100.0% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 54,690 shares of the company’s stock valued at $2,288,000 after purchasing an additional 27,345 shares during the period. Finally, Outlook Wealth Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 6.4% in the 1st quarter. Outlook Wealth Advisors LLC now owns 40,659 shares of the company’s stock valued at $1,701,000 after purchasing an additional 2,456 shares during the period.

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.