Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Sets New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $46.34 and last traded at $46.30, with a volume of 1032 shares changing hands. The stock had previously closed at $46.21.

Innovator U.S. Equity Power Buffer ETF – September Stock Down 0.2%

The firm has a market capitalization of $825.56 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The business’s fifty day moving average is $45.84 and its 200 day moving average is $44.62.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the 3rd quarter worth approximately $29,000. Key Capital Management INC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter worth $46,000. Barclays PLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth $64,000. Elevated Capital Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth $83,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at $116,000.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.