Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Hits New 12-Month High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV)’s stock price reached a new 52-week high on Monday . The stock traded as high as $40.10 and last traded at $41.7150, with a volume of 163617 shares traded. The stock had previously closed at $39.75.

Innovator U.S. Equity Power Buffer ETF – November Price Performance

The stock has a market capitalization of $702.80 million, a PE ratio of 24.05 and a beta of 0.45. The company’s 50 day moving average price is $41.29 and its two-hundred day moving average price is $40.39.

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

A number of hedge funds have recently added to or reduced their stakes in the company. Penserra Capital Management LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 14.6% during the 2nd quarter. Penserra Capital Management LLC now owns 1,483,262 shares of the company’s stock worth $58,618,000 after purchasing an additional 188,411 shares during the period. Luminist Capital LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November in the first quarter valued at approximately $5,855,000. Osaic Holdings Inc. boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 13.1% in the second quarter. Osaic Holdings Inc. now owns 411,671 shares of the company’s stock valued at $16,269,000 after buying an additional 47,753 shares in the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – November during the second quarter worth $1,492,000. Finally, Beacon Pointe Advisors LLC raised its position in Innovator U.S. Equity Power Buffer ETF – November by 14.5% in the second quarter. Beacon Pointe Advisors LLC now owns 262,425 shares of the company’s stock worth $10,371,000 after acquiring an additional 33,140 shares in the last quarter.

About Innovator U.S. Equity Power Buffer ETF – November

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.