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

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 stock traded as high as $48.35 and last traded at $48.35, with a volume of 33812 shares changing hands. The stock had previously closed at $48.09.

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

The stock has a market cap of $1.42 billion, a P/E ratio of 24.16 and a beta of 0.47. The firm’s 50-day moving average price is $46.96 and its 200-day moving average price is $46.75.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of PJAN. Steward Partners Investment Advisory LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 1,235.6% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,623,085 shares of the company’s stock valued at $76,317,000 after purchasing an additional 1,501,558 shares in the last quarter. Brookstone Capital Management grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 522.9% in the first quarter. Brookstone Capital Management now owns 758,887 shares of the company’s stock valued at $35,007,000 after purchasing an additional 637,054 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 1,350.9% in the fourth quarter. Focus Partners Wealth now owns 499,828 shares of the company’s stock valued at $23,502,000 after purchasing an additional 465,378 shares in the last quarter. Mutual Advisors LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 1,281.2% in the third quarter. Mutual Advisors LLC now owns 432,054 shares of the company’s stock valued at $19,887,000 after purchasing an additional 400,773 shares in the last quarter. Finally, Compass Advisory Group LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 442.7% in the first quarter. Compass Advisory Group LLC now owns 370,574 shares of the company’s stock valued at $17,095,000 after purchasing an additional 302,287 shares in the last quarter.

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.