Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Hits New 12-Month High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) hit a new 52-week high on Wednesday . The stock traded as high as $49.62 and last traded at $49.62, with a volume of 7441 shares trading hands. The stock had previously closed at $49.49.

Innovator U.S. Equity Power Buffer ETF – January Stock Performance

The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47. The business’s fifty day simple moving average is $49.04 and its 200 day simple moving average is $47.72.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Galvin Gaustad & Stein LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the 4th quarter worth approximately $593,000. Signal Advisors Wealth LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at approximately $4,115,000. JDM Financial Group LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – January by 79.4% during the fourth quarter. JDM Financial Group LLC now owns 104,059 shares of the company’s stock worth $4,893,000 after buying an additional 46,059 shares in the last quarter. BCS Wealth Management boosted its holdings in Innovator U.S. Equity Power Buffer ETF – January by 125.4% during the fourth quarter. BCS Wealth Management now owns 53,860 shares of the company’s stock worth $2,532,000 after buying an additional 29,963 shares in the last quarter. Finally, Crown Wealth Group LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – January by 149.8% during the fourth quarter. Crown Wealth Group LLC now owns 70,907 shares of the company’s stock worth $3,334,000 after buying an additional 42,520 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – January Company Profile

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.