Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Sets New 12-Month High – Time to Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) reached a new 52-week high on Thursday . The company traded as high as $43.16 and last traded at $43.16, with a volume of 414 shares traded. The stock had previously closed at $43.06.

Innovator U.S. Equity Power Buffer ETF – February Stock Performance

The stock has a market cap of $1.01 billion, a P/E ratio of 24.08 and a beta of 0.42. The firm has a 50-day moving average price of $42.72 and a 200-day moving average price of $41.50.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its position in Innovator U.S. Equity Power Buffer ETF – February by 479.8% during the first quarter. Brookstone Capital Management now owns 902,110 shares of the company’s stock valued at $36,175,000 after buying an additional 746,522 shares during the period. Focus Partners Wealth grew its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 673.3% in the 4th quarter. Focus Partners Wealth now owns 382,285 shares of the company’s stock worth $15,566,000 after buying an additional 332,851 shares during the period. Cornerstone Wealth LLC TN purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – February in the 1st quarter worth about $5,400,000. BCS Wealth Management increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 75.8% in the 4th quarter. BCS Wealth Management now owns 239,484 shares of the company’s stock worth $9,752,000 after acquiring an additional 103,256 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 35.7% in the 1st quarter. Cetera Investment Advisers now owns 275,252 shares of the company’s stock worth $11,038,000 after acquiring an additional 72,434 shares in the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.