Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Hits New 12-Month High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $45.63 and last traded at $45.63, with a volume of 6386 shares trading hands. The stock had previously closed at $45.57.

Innovator U.S. Equity Power Buffer ETF – September Stock Up 0.1%

The company has a market cap of $814.32 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The firm has a 50 day moving average price of $44.26 and a two-hundred day moving average price of $43.87.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. MBL Wealth LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – September by 7.7% during the fourth quarter. MBL Wealth LLC now owns 219,478 shares of the company’s stock worth $9,595,000 after purchasing an additional 15,599 shares during the period. PFG Advisors acquired a new stake in Innovator U.S. Equity Power Buffer ETF – September during the third quarter worth approximately $878,000. Blair William & Co. IL grew its stake in Innovator U.S. Equity Power Buffer ETF – September by 267.3% during the third quarter. Blair William & Co. IL now owns 104,304 shares of the company’s stock worth $4,480,000 after purchasing an additional 75,905 shares during the period. Sagespring Wealth Partners LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – September during the third quarter worth approximately $684,000. Finally, HighTower Advisors LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – September by 36.3% during the third quarter. HighTower Advisors LLC now owns 344,017 shares of the company’s stock worth $14,776,000 after purchasing an additional 91,625 shares during the period.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.