Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) Reaches New 52-Week High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) shares hit a new 52-week high on Thursday . The company traded as high as $49.99 and last traded at $49.95, with a volume of 74707 shares changing hands. The stock had previously closed at $49.62.

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

The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 24.44 and a beta of 0.46. The business’s 50 day moving average is $49.25 and its 200 day moving average is $48.09.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – July by 888.5% during the fourth quarter. Barclays PLC now owns 1,117 shares of the company’s stock worth $52,000 after purchasing an additional 1,004 shares in the last quarter. Chapman Financial Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – July in the second quarter valued at $53,000. Parallel Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at $64,000. Opus Financial Solutions LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – July in the fourth quarter valued at $210,000. Finally, Stirlingshire Investments Inc. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – July during the fourth quarter worth about $226,000.

Innovator U.S. Equity Power Buffer ETF – July Company Profile

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.