Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Hits New 1-Year High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $46.14 and last traded at $46.1510, with a volume of 14847 shares. The stock had previously closed at $46.02.

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

The firm has a 50-day moving average of $45.42 and a 200-day moving average of $44.14. The stock has a market cap of $776.23 million, a PE ratio of 24.05 and a beta of 0.45.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – November

Several institutional investors and hedge funds have recently made changes to their positions in PNOV. Lotus Asset Management LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – November in the 2nd quarter worth about $201,000. HB Wealth Management LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – November during the 2nd quarter worth $269,000. Weaver Consulting Group raised its position in Innovator U.S. Equity Power Buffer ETF – November by 4.5% during the 3rd quarter. Weaver Consulting Group now owns 7,221 shares of the company’s stock valued at $329,000 after purchasing an additional 309 shares in the last quarter. Capital Square LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November in the 2nd quarter worth $383,000. Finally, Michels Family Financial LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 70.8% during the 4th quarter. Michels Family Financial LLC now owns 8,880 shares of the company’s stock valued at $371,000 after purchasing an additional 3,680 shares during the period.

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.