Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Sets New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $47.86 and last traded at $47.82, with a volume of 37502 shares changing hands. The stock had previously closed at $47.84.

Innovator U.S. Equity Power Buffer ETF – July Stock Performance

The stock’s 50-day moving average is $46.75 and its 200 day moving average is $46.41. The stock has a market capitalization of $995.17 million, a PE ratio of 24.44 and a beta of 0.46.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – July

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 3.0% in the first quarter. Kestra Advisory Services LLC now owns 212,630 shares of the company’s stock valued at $9,774,000 after acquiring an additional 6,283 shares during the last quarter. Prossimo Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – July in the first quarter valued at $991,000. WealthPLAN Partners LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 15.1% in the first quarter. WealthPLAN Partners LLC now owns 12,024 shares of the company’s stock valued at $553,000 after acquiring an additional 1,574 shares during the last quarter. World Investment Advisors lifted its position in Innovator U.S. Equity Power Buffer ETF – July by 7.1% in the first quarter. World Investment Advisors now owns 219,629 shares of the company’s stock valued at $10,096,000 after acquiring an additional 14,585 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – July in the first quarter valued at $401,000.

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

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.