Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Trading 0.4% Higher – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) traded up 0.4% during trading on Thursday . The company traded as high as $45.60 and last traded at $45.59. 11,700 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 52,682 shares. The stock had previously closed at $45.41.

Innovator U.S. Equity Power Buffer ETF – November Stock Up 0.4%

The firm has a 50-day moving average of $44.84 and a 200 day moving average of $43.49. The stock has a market capitalization of $769.56 million, a P/E ratio of 24.05 and a beta of 0.45.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – November

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tucker Asset Management LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November during the 4th quarter valued at about $44,000. Garton & Associates Financial Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – November in the fourth quarter valued at about $104,000. EP Wealth Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – November in the second quarter worth about $120,000. Creative Financial Designs Inc. ADV lifted its stake in Innovator U.S. Equity Power Buffer ETF – November by 26.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,900 shares of the company’s stock worth $121,000 after purchasing an additional 600 shares during the period. Finally, EverSource Wealth Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – November during the fourth quarter worth about $125,000.

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.