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

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) hit a new 52-week high during trading on Monday . The stock traded as high as $46.23 and last traded at $46.23, with a volume of 3308 shares. The stock had previously closed at $46.08.

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

The firm has a market capitalization of $823.78 million, a PE ratio of 25.05 and a beta of 0.48. The company’s fifty day simple moving average is $45.64 and its 200-day simple moving average is $44.46.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock worth $46,788,000 after buying an additional 1,069,542 shares during the last quarter. Citadel Advisors LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the third quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock valued at $30,026,000 after acquiring an additional 690,308 shares during the last quarter. Susquehanna International Group LLP raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% during the third quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock valued at $26,543,000 after acquiring an additional 596,924 shares during the last quarter. Lido Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at approximately $24,178,000. Finally, Focus Partners Wealth lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 431.0% in the fourth quarter. Focus Partners Wealth now owns 401,664 shares of the company’s stock valued at $17,560,000 after acquiring an additional 326,021 shares in the last quarter.

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.