Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Reaches New 1-Year High – Here’s Why

Shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) hit a new 52-week high during trading on Wednesday . The stock traded as high as $46.63 and last traded at $46.59, with a volume of 65132 shares. The stock had previously closed at $46.54.

Innovator U.S. Equity Power Buffer ETF – September Trading Up 0.1%

The firm has a market cap of $831.63 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The stock’s 50 day moving average is $46.03 and its 200 day moving average is $44.84.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September in the third quarter valued at about $29,000. Key Capital Management INC bought a new stake in Innovator U.S. Equity Power Buffer ETF – September in the 4th quarter valued at about $46,000. Barclays PLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter worth approximately $64,000. Elevated Capital Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth approximately $83,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September in the fourth quarter valued at approximately $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.