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

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)’s stock price hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $51.27 and last traded at $51.02, with a volume of 21,568 shares traded. The stock had previously closed at $51.18.

Innovator U.S. Equity Power Buffer ETF – January Trading Down 0.4%

The firm has a 50 day moving average price of $50.68 and a two-hundred day moving average price of $49.54. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in PJAN. Jessup Wealth Management Inc increased its holdings in Innovator U.S. Equity Power Buffer ETF – January by 1.1% in the first quarter. Jessup Wealth Management Inc now owns 36,238 shares of the company’s stock valued at $1,672,000 after buying an additional 388 shares during the last quarter. Berger Financial Group Inc increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 8.8% in the first quarter. Berger Financial Group Inc now owns 8,624 shares of the company’s stock valued at $398,000 after purchasing an additional 700 shares during the period. Global Assets Advisory LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at approximately $34,000. Red Crane Wealth Management LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 2.1% during the first quarter. Red Crane Wealth Management LLC now owns 38,110 shares of the company’s stock valued at $1,758,000 after buying an additional 778 shares during the last quarter. Finally, Bedel Financial Consulting Inc. boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 3.8% during the first quarter. Bedel Financial Consulting Inc. now owns 21,231 shares of the company’s stock worth $979,000 after buying an additional 780 shares during the period.

About Innovator U.S. Equity Power Buffer ETF – January

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.