Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Hits New 1-Year High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) reached a new 52-week high during trading on Thursday . The company traded as high as $46.92 and last traded at $46.90, with a volume of 27838 shares. The stock had previously closed at $46.65.

Innovator U.S. Equity Power Buffer ETF – August Trading Up 0.5%

The company has a market capitalization of $909.86 million, a PE ratio of 24.79 and a beta of 0.48. The stock’s 50-day moving average is $46.17 and its two-hundred day moving average is $44.89.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Focus Partners Wealth increased its holdings in Innovator U.S. Equity Power Buffer ETF – August by 198.7% in the 4th quarter. Focus Partners Wealth now owns 566,642 shares of the company’s stock worth $24,507,000 after acquiring an additional 376,961 shares in the last quarter. Kestra Advisory Services LLC increased its position in Innovator U.S. Equity Power Buffer ETF – August by 36.7% during the first quarter. Kestra Advisory Services LLC now owns 408,091 shares of the company’s stock worth $17,434,000 after purchasing an additional 109,537 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – August by 2.0% in the 3rd quarter. Raymond James Financial Inc. now owns 326,263 shares of the company’s stock valued at $13,856,000 after purchasing an additional 6,366 shares during the last quarter. LPL Financial LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – August by 10.7% during the fourth quarter. LPL Financial LLC now owns 262,584 shares of the company’s stock worth $11,357,000 after buying an additional 25,389 shares during the period. Finally, Advisory Alpha LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – August by 0.6% in the 4th quarter. Advisory Alpha LLC now owns 230,134 shares of the company’s stock valued at $9,953,000 after purchasing an additional 1,332 shares during the last quarter.

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

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.