Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Hits New 1-Year High – Time to 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 Tuesday . The stock traded as high as $42.44 and last traded at $42.36, with a volume of 4293 shares traded. The stock had previously closed at $42.19.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 0.6%

The firm has a market capitalization of $721.11 million, a P/E ratio of 24.05 and a beta of 0.45. The stock has a 50 day simple moving average of $41.62 and a 200-day simple moving average of $41.59.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PNOV. Forty three Eighteen Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – November in the 4th quarter worth about $469,000. World Investment Advisors raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 161.1% during the fourth quarter. World Investment Advisors now owns 14,075 shares of the company’s stock valued at $588,000 after acquiring an additional 8,685 shares in the last quarter. BFI Wealth Solutions LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November in the fourth quarter valued at approximately $922,000. Michels Family Financial LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – November by 70.8% in the fourth quarter. Michels Family Financial LLC now owns 8,880 shares of the company’s stock worth $371,000 after purchasing an additional 3,680 shares in the last quarter. Finally, First Commonwealth Financial Corp PA grew its stake in Innovator U.S. Equity Power Buffer ETF – November by 73.1% in the fourth quarter. First Commonwealth Financial Corp PA now owns 26,186 shares of the company’s stock worth $1,094,000 after purchasing an additional 11,061 shares in the last quarter.

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.