Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Hits New 1-Year High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) shares hit a new 52-week high during trading on Monday . The company traded as high as $46.23 and last traded at $46.23, with a volume of 3308 shares changing hands. The stock had previously closed at $46.08.

Innovator U.S. Equity Power Buffer ETF – September Stock Down 0.1%

The stock has a market capitalization of $823.78 million, a P/E ratio of 25.05 and a beta of 0.48. The firm’s 50 day simple moving average is $45.69 and its two-hundred day simple moving average is $44.50.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PSEP. Alliancebernstein L.P. lifted its stake in Innovator U.S. Equity Power Buffer ETF – September by 2.6% in the third quarter. Alliancebernstein L.P. now owns 3,389,532 shares of the company’s stock valued at $145,580,000 after purchasing an additional 84,571 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock worth $46,788,000 after purchasing an additional 1,069,542 shares during the period. Citadel Advisors LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the third quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock worth $30,026,000 after purchasing an additional 690,308 shares in the last quarter. Susquehanna International Group LLP increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% in the 3rd quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock worth $26,543,000 after buying an additional 596,924 shares during the last quarter. Finally, Lido Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth about $24,178,000.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.