Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Reaches New 52-Week High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $40.10 and last traded at $41.26, with a volume of 163617 shares changing hands. The stock had previously closed at $39.75.

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

The firm has a 50-day moving average of $41.16 and a 200 day moving average of $40.03. The company has a market capitalization of $689.21 million, a PE ratio of 24.05 and a beta of 0.45.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – November

Large investors have recently made changes to their positions in the stock. Penserra Capital Management LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,507,897 shares of the company’s stock valued at $61,914,000 after purchasing an additional 24,635 shares during the last quarter. Osaic Holdings Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – November by 13.1% in the 2nd quarter. Osaic Holdings Inc. now owns 411,671 shares of the company’s stock worth $16,269,000 after purchasing an additional 47,753 shares during the period. LPL Financial LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – November by 15.6% during the 1st quarter. LPL Financial LLC now owns 319,276 shares of the company’s stock valued at $11,883,000 after buying an additional 43,027 shares during the last quarter. Cetera Investment Advisers raised its stake in Innovator U.S. Equity Power Buffer ETF – November by 7.8% during the 1st quarter. Cetera Investment Advisers now owns 264,225 shares of the company’s stock valued at $9,834,000 after buying an additional 19,184 shares during the last quarter. Finally, Beacon Pointe Advisors LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 14.5% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 262,425 shares of the company’s stock valued at $10,371,000 after buying an additional 33,140 shares during the period.

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

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.