Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Sets New 52-Week High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $43.35 and last traded at $43.35, with a volume of 9392 shares traded. The stock had previously closed at $43.28.

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

The stock’s fifty day moving average is $42.51 and its two-hundred day moving average is $42.07. The firm has a market capitalization of $788.81 million, a price-to-earnings ratio of 24.61 and a beta of 0.44.

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

Large investors have recently added to or reduced their stakes in the company. BCS Wealth Management grew its holdings in Innovator U.S. Equity Power Buffer ETF – June by 95.9% during the 4th quarter. BCS Wealth Management now owns 59,544 shares of the company’s stock valued at $2,494,000 after purchasing an additional 29,150 shares in the last quarter. BIP Wealth LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – June during the 4th quarter valued at $1,064,000. Penserra Capital Management LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – June by 1.7% during the 3rd quarter. Penserra Capital Management LLC now owns 1,518,311 shares of the company’s stock valued at $62,478,000 after purchasing an additional 24,805 shares in the last quarter. First Heartland Consultants Inc. grew its holdings in Innovator U.S. Equity Power Buffer ETF – June by 90.7% during the 3rd quarter. First Heartland Consultants Inc. now owns 48,909 shares of the company’s stock valued at $2,013,000 after purchasing an additional 23,261 shares in the last quarter. Finally, Arkadios Wealth Advisors bought a new position in Innovator U.S. Equity Power Buffer ETF – June during the 3rd quarter valued at $973,000.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.