Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $44.55 and last traded at $44.46, with a volume of 1230 shares. The stock had previously closed at $44.38.

Innovator U.S. Equity Power Buffer ETF – August Stock Up 0.2%

The company has a market capitalization of $862.91 million, a P/E ratio of 24.79 and a beta of 0.48. The business has a 50 day simple moving average of $43.34 and a 200-day simple moving average of $43.13.

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

Several hedge funds have recently modified their holdings of PAUG. Forty three Eighteen Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – August during the fourth quarter valued at about $261,000. World Investment Advisors grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – August by 42.6% in the 4th quarter. World Investment Advisors now owns 16,938 shares of the company’s stock worth $733,000 after purchasing an additional 5,058 shares during the last quarter. BFI Wealth Solutions LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the 4th quarter worth approximately $1,074,000. First Commonwealth Financial Corp PA lifted its stake in Innovator U.S. Equity Power Buffer ETF – August by 0.4% during the fourth quarter. First Commonwealth Financial Corp PA now owns 65,840 shares of the company’s stock valued at $2,848,000 after purchasing an additional 259 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in Innovator U.S. Equity Power Buffer ETF – August by 35.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 36,676 shares of the company’s stock worth $1,586,000 after buying an additional 9,688 shares in the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.