Pinnacle Wealth Management Group Inc. Has $1.42 Million Position in Innovator U.S. Equity Power Buffer ETF – February $PFEB

Pinnacle Wealth Management Group Inc. cut its stake in shares of Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) by 1.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 37,271 shares of the company’s stock after selling 500 shares during the quarter. Pinnacle Wealth Management Group Inc.’s holdings in Innovator U.S. Equity Power Buffer ETF – February were worth $1,417,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 17.1% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 120,503 shares of the company’s stock worth $4,316,000 after acquiring an additional 17,562 shares in the last quarter. Spire Wealth Management raised its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 9.9% in the 1st quarter. Spire Wealth Management now owns 14,957 shares of the company’s stock worth $536,000 after acquiring an additional 1,342 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 194.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 214,888 shares of the company’s stock worth $7,697,000 after acquiring an additional 141,943 shares in the last quarter. Clay Northam Wealth Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – February in the 2nd quarter worth about $209,000. Finally, DAVENPORT & Co LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – February in the 2nd quarter worth about $203,000.

Innovator U.S. Equity Power Buffer ETF – February Trading Up 8.4%

PFEB stock opened at $39.98 on Friday. Innovator U.S. Equity Power Buffer ETF – February has a 1-year low of $32.93 and a 1-year high of $38.61. The firm has a market cap of $935.60 million, a PE ratio of 24.08 and a beta of 0.42. The stock has a 50-day moving average price of $39.43 and a 200-day moving average price of $37.92.

Innovator U.S. Equity Power Buffer ETF – February Profile

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.