Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $43.07 and last traded at $43.07, with a volume of 631 shares traded. The stock had previously closed at $43.03.

Innovator U.S. Equity Power Buffer ETF – June Stock Down 0.0%

The company’s 50-day moving average is $42.24 and its two-hundred day moving average is $41.88. The company has a market capitalization of $784.62 million, a P/E ratio of 24.61 and a beta of 0.44.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Brown Wealth Management LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 0.9% in the third quarter. Brown Wealth Management LLC now owns 32,514 shares of the company’s stock worth $1,338,000 after purchasing an additional 299 shares during the last quarter. Concurrent Investment Advisors LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 3.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 8,852 shares of the company’s stock worth $371,000 after purchasing an additional 300 shares during the last quarter. Faithward Advisors LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 1.9% in the third quarter. Faithward Advisors LLC now owns 16,642 shares of the company’s stock worth $685,000 after purchasing an additional 307 shares during the last quarter. Quest 10 Wealth Builders Inc. increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 1.9% in the third quarter. Quest 10 Wealth Builders Inc. now owns 18,351 shares of the company’s stock worth $755,000 after purchasing an additional 336 shares during the last quarter. Finally, Retirement Planning Group LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 4.7% in the third quarter. Retirement Planning Group LLC now owns 7,978 shares of the company’s stock worth $328,000 after purchasing an additional 358 shares during the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – New (PJUN) 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. PJUN was launched on Jun 3, 2019 and is managed by Innovator.