Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sets New 12-Month High – Still a Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $40.10 and last traded at $42.1610, with a volume of 163617 shares traded. The stock had previously closed at $39.75.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 6.2%

The business’s 50 day simple moving average is $41.56 and its two-hundred day simple moving average is $40.89. The firm has a market capitalization of $712.76 million, a PE ratio of 24.05 and a beta of 0.45.

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

A number of large investors have recently made changes to their positions in the company. Fiduciary Alliance LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the 2nd quarter worth $202,000. Envestnet Asset Management Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – November by 3.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 229,776 shares of the company’s stock worth $9,081,000 after purchasing an additional 7,570 shares during the period. Penserra Capital Management LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – November by 14.6% during the second quarter. Penserra Capital Management LLC now owns 1,483,262 shares of the company’s stock valued at $58,618,000 after purchasing an additional 188,411 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – November by 8.7% during the second quarter. Axxcess Wealth Management LLC now owns 16,319 shares of the company’s stock valued at $645,000 after purchasing an additional 1,306 shares in the last quarter. Finally, Triad Wealth Partners LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – November during the second quarter valued at about $214,000.

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.