Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 1-Year High – Still a Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) reached a new 52-week high on Monday . The company traded as high as $47.01 and last traded at $47.41, with a volume of 64520 shares traded. The stock had previously closed at $46.9378.

Innovator U.S. Equity Power Buffer ETF – January Stock Up 1.2%

The stock’s 50 day moving average price is $46.59 and its 200-day moving average price is $45.63. The stock has a market capitalization of $1.40 billion, a PE ratio of 24.16 and a beta of 0.47.

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

Several institutional investors have recently bought and sold shares of PJAN. AQR Capital Management LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 1.3% during the first quarter. AQR Capital Management LLC now owns 43,545 shares of the company’s stock worth $1,806,000 after purchasing an additional 541 shares in the last quarter. Jane Street Group LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – January during the 1st quarter valued at about $374,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in Innovator U.S. Equity Power Buffer ETF – January in the second quarter valued at about $395,000. Farther Finance Advisors LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – January by 155.9% in the second quarter. Farther Finance Advisors LLC now owns 75,735 shares of the company’s stock worth $3,336,000 after acquiring an additional 46,143 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 5.7% during the second quarter. AdvisorNet Financial Inc now owns 49,122 shares of the company’s stock valued at $2,164,000 after acquiring an additional 2,654 shares in the last quarter.

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.