Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Reaches New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $46.93 and last traded at $46.9250, with a volume of 18884 shares traded. The stock had previously closed at $46.60.

Innovator U.S. Equity Power Buffer ETF – August Stock Up 0.7%

The stock has a market capitalization of $910.35 million, a P/E ratio of 24.79 and a beta of 0.48. The stock has a 50 day simple moving average of $46.40 and a two-hundred day simple moving average of $45.15.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – August

A number of institutional investors have recently added to or reduced their stakes in PAUG. Kestra Advisory Services LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – August by 36.7% in the first quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock valued at $17,434,000 after acquiring an additional 109,537 shares during the last quarter. Concurrent Investment Advisors LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – August by 40.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 206,911 shares of the company’s stock worth $9,443,000 after purchasing an additional 59,806 shares during the last quarter. Schulz Wealth LTD. acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the second quarter valued at approximately $1,006,000. Rothschild Wealth LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 4th quarter worth approximately $7,854,000. Finally, COFG Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August during the 4th quarter worth approximately $2,278,000.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.