Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Sets New 12-Month High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $42.83 and last traded at $42.83, with a volume of 232 shares trading hands. The stock had previously closed at $42.71.

Innovator U.S. Equity Power Buffer ETF – February Trading Up 0.3%

The stock has a 50 day simple moving average of $41.34 and a 200-day simple moving average of $40.90. The firm has a market capitalization of $1.00 billion, a P/E ratio of 24.08 and a beta of 0.42.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PFEB. Cornerstone Wealth LLC TN bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the 1st quarter valued at approximately $5,400,000. NewEdge Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 13.0% during the 1st quarter. NewEdge Advisors LLC now owns 33,782 shares of the company’s stock valued at $1,355,000 after acquiring an additional 3,898 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the 1st quarter valued at approximately $235,000. Cassady Wealth & Retirement Planning LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – February by 50.2% in the first quarter. Cassady Wealth & Retirement Planning LLC now owns 192,620 shares of the company’s stock worth $8,123,000 after buying an additional 64,360 shares during the last quarter. Finally, Arkadios Wealth Advisors bought a new stake in Innovator U.S. Equity Power Buffer ETF – February in the first quarter worth $1,184,000.

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

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.