Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sets New 1-Year High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) shares hit a new 52-week high on Monday . The company traded as high as $40.10 and last traded at $41.7010, with a volume of 163617 shares trading hands. The stock had previously closed at $39.75.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 4.6%

The business’s 50 day moving average price is $41.35 and its two-hundred day moving average price is $40.50. The stock has a market cap of $701.87 million, a P/E ratio of 24.05 and a beta of 0.45.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Penserra Capital Management LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – November by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,507,897 shares of the company’s stock valued at $61,914,000 after purchasing an additional 24,635 shares during the period. Osaic Holdings Inc. grew its stake in 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 worth $16,269,000 after purchasing an additional 47,753 shares during the period. Beacon Pointe Advisors LLC raised its holdings 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 purchasing an additional 33,140 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Innovator U.S. Equity Power Buffer ETF – November by 3.4% during the second quarter. Envestnet Asset Management Inc. now owns 229,776 shares of the company’s stock valued at $9,081,000 after buying an additional 7,570 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 5.5% during the 3rd quarter. HighTower Advisors LLC now owns 177,000 shares of the company’s stock valued at $7,268,000 after buying an additional 9,302 shares in the last quarter.

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.