Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Sets New 52-Week High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) shares hit a new 52-week high on Wednesday . The company traded as high as $43.38 and last traded at $43.38, with a volume of 14581 shares trading hands. The stock had previously closed at $43.27.

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

The firm has a fifty day simple moving average of $42.87 and a 200-day simple moving average of $41.64. The company has a market cap of $1.01 billion, a PE ratio of 24.08 and a beta of 0.42.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Brookstone Capital Management increased its stake in Innovator U.S. Equity Power Buffer ETF – February by 479.8% in the 1st quarter. Brookstone Capital Management now owns 902,110 shares of the company’s stock valued at $36,175,000 after buying an additional 746,522 shares during the period. Focus Partners Wealth lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 673.3% in the 4th quarter. Focus Partners Wealth now owns 382,285 shares of the company’s stock worth $15,566,000 after acquiring an additional 332,851 shares during the period. Cornerstone Wealth LLC TN acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February in the 1st quarter worth $5,400,000. BCS Wealth Management lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 75.8% in the 4th quarter. BCS Wealth Management now owns 239,484 shares of the company’s stock worth $9,752,000 after acquiring an additional 103,256 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – February by 35.7% in the first quarter. Cetera Investment Advisers now owns 275,252 shares of the company’s stock valued at $11,038,000 after acquiring an additional 72,434 shares in 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.