Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Reaches New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $50.50 and last traded at $50.38, with a volume of 43639 shares trading hands. The stock had previously closed at $50.38.

Innovator U.S. Equity Power Buffer ETF – January Price Performance

The company’s 50-day simple moving average is $49.60 and its 200 day simple moving average is $48.30. The firm has a market cap of $1.48 billion, a P/E ratio of 24.16 and a beta of 0.47.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Galvin Gaustad & Stein LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter valued at $593,000. JDM Financial Group LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 79.4% in the 4th quarter. JDM Financial Group LLC now owns 104,059 shares of the company’s stock worth $4,893,000 after acquiring an additional 46,059 shares during the last quarter. Crown Wealth Group LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 149.8% in the 4th quarter. Crown Wealth Group LLC now owns 70,907 shares of the company’s stock worth $3,334,000 after acquiring an additional 42,520 shares during the last quarter. BCS Wealth Management lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 125.4% in the 4th quarter. BCS Wealth Management now owns 53,860 shares of the company’s stock worth $2,532,000 after acquiring an additional 29,963 shares during the last quarter. Finally, COFG Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the 4th quarter worth about $6,907,000.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.