Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s share price hit a new 52-week high on Thursday . The stock traded as high as $44.05 and last traded at $44.07, with a volume of 857 shares. The stock had previously closed at $43.94.

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

The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 24.08 and a beta of 0.42. The stock has a fifty day moving average of $43.44 and a two-hundred day moving average of $42.30.

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

A number of hedge funds have recently made changes to their positions in the stock. Brookstone Capital Management raised its holdings in Innovator U.S. Equity Power Buffer ETF – February by 479.8% during the 1st quarter. Brookstone Capital Management now owns 902,110 shares of the company’s stock worth $36,175,000 after purchasing an additional 746,522 shares during the last quarter. Focus Partners Wealth increased its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 673.3% during the fourth quarter. Focus Partners Wealth now owns 382,285 shares of the company’s stock worth $15,566,000 after buying an additional 332,851 shares during the period. Kestra Advisory Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 11.3% during the first quarter. Kestra Advisory Services LLC now owns 334,764 shares of the company’s stock worth $13,424,000 after buying an additional 34,047 shares during the period. Cetera Investment Advisers raised its stake in Innovator U.S. Equity Power Buffer ETF – February by 35.7% during the first quarter. Cetera Investment Advisers now owns 275,252 shares of the company’s stock worth $11,038,000 after buying an additional 72,434 shares during the last quarter. Finally, LPL Financial LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – February by 6.6% during the fourth quarter. LPL Financial LLC now owns 266,535 shares of the company’s stock worth $10,853,000 after buying an additional 16,387 shares during the last quarter.

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

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.