Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Hits New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $43.22 and last traded at $43.22, with a volume of 9984 shares changing hands. The stock had previously closed at $43.09.

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

The company has a fifty day moving average of $42.83 and a 200-day moving average of $41.60. The firm has a market capitalization of $1.01 billion, a PE ratio of 24.08 and a beta of 0.42.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – February by 43.7% during the 1st quarter. AQR Capital Management LLC now owns 21,778 shares of the company’s stock valued at $780,000 after purchasing an additional 6,622 shares in the last quarter. Focus Partners Wealth increased its position in Innovator U.S. Equity Power Buffer ETF – February by 66.5% during the first quarter. Focus Partners Wealth now owns 37,447 shares of the company’s stock worth $1,341,000 after buying an additional 14,950 shares during the last quarter. JPMorgan Chase & Co. increased its position in Innovator U.S. Equity Power Buffer ETF – February by 38.3% during the second quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock worth $165,000 after buying an additional 1,203 shares during the last quarter. Cerity Partners LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – February by 23.1% during the second quarter. Cerity Partners LLC now owns 26,640 shares of the company’s stock valued at $1,013,000 after buying an additional 5,000 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – February by 5.0% during the second quarter. MML Investors Services LLC now owns 72,669 shares of the company’s stock valued at $2,762,000 after buying an additional 3,449 shares in the last quarter.

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.