Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Hits New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) reached a new 52-week high on Monday . The stock traded as high as $45.89 and last traded at $46.7550, with a volume of 71411 shares changing hands. The stock had previously closed at $45.72.

Innovator U.S. Equity Power Buffer ETF – July Stock Up 2.3%

The company’s 50-day moving average price is $46.11 and its 200-day moving average price is $45.32. The firm has a market cap of $970.69 million, a price-to-earnings ratio of 24.44 and a beta of 0.46.

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

Several institutional investors have recently modified their holdings of the business. Penserra Capital Management LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – July by 1.7% in the third quarter. Penserra Capital Management LLC now owns 1,393,579 shares of the company’s stock valued at $63,547,000 after purchasing an additional 22,770 shares during the period. Allworth Financial LP raised its position in Innovator U.S. Equity Power Buffer ETF – July by 16,594.1% in the 3rd quarter. Allworth Financial LP now owns 1,308,146 shares of the company’s stock valued at $59,651,000 after purchasing an additional 1,300,310 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 876.3% in the 3rd quarter. Brookstone Capital Management now owns 797,215 shares of the company’s stock valued at $36,353,000 after buying an additional 715,559 shares during the period. Blair William & Co. IL boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – July by 82.2% in the 3rd quarter. Blair William & Co. IL now owns 638,473 shares of the company’s stock valued at $29,114,000 after buying an additional 287,972 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – July by 3.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 623,372 shares of the company’s stock worth $28,438,000 after acquiring an additional 21,037 shares in the last quarter.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.