Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Sets New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $45.63 and last traded at $45.63, with a volume of 6386 shares trading hands. The stock had previously closed at $45.57.

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

The stock has a market capitalization of $814.32 million, a P/E ratio of 25.05 and a beta of 0.48. The firm has a 50-day simple moving average of $44.26 and a 200 day simple moving average of $43.87.

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

Several large investors have recently bought and sold shares of the company. Alliancebernstein L.P. raised its position in Innovator U.S. Equity Power Buffer ETF – September by 2.6% in the third quarter. Alliancebernstein L.P. now owns 3,389,532 shares of the company’s stock valued at $145,580,000 after purchasing an additional 84,571 shares during the last quarter. Penserra Capital Management LLC raised its position in Innovator U.S. Equity Power Buffer ETF – September by 1.7% in the third quarter. Penserra Capital Management LLC now owns 1,457,530 shares of the company’s stock valued at $62,600,000 after purchasing an additional 23,815 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock valued at $46,788,000 after purchasing an additional 1,069,542 shares during the last quarter. Citadel Advisors LLC raised its position in Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% in the third quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock valued at $30,026,000 after purchasing an additional 690,308 shares during the last quarter. Finally, Susquehanna International Group LLP raised its position in Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% in the third quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock valued at $26,543,000 after purchasing an additional 596,924 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.