Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Hits New 52-Week High – Time to Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $47.79 and last traded at $47.79, with a volume of 7231 shares changing hands. The stock had previously closed at $47.76.

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

The firm’s 50 day moving average is $46.61 and its 200-day moving average is $46.33. The firm has a market cap of $989.98 million, a price-to-earnings ratio of 24.44 and a beta of 0.46.

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

Several institutional investors and hedge funds have recently modified their holdings of the business. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 97.0% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 72,044 shares of the company’s stock valued at $3,312,000 after purchasing an additional 35,472 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 3.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 287,524 shares of the company’s stock valued at $13,217,000 after purchasing an additional 8,474 shares during the last quarter. Signal Advisors Wealth LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 26.8% in the 1st quarter. Signal Advisors Wealth LLC now owns 112,218 shares of the company’s stock valued at $5,158,000 after purchasing an additional 23,728 shares during the last quarter. Triad Wealth Partners LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 24.8% in the 1st quarter. Triad Wealth Partners LLC now owns 142,284 shares of the company’s stock valued at $6,540,000 after purchasing an additional 28,300 shares during the last quarter. Finally, Founders Financial Securities LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 18.0% in the 1st quarter. Founders Financial Securities LLC now owns 73,837 shares of the company’s stock valued at $3,476,000 after purchasing an additional 11,246 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.