Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 1-Year High – Here’s Why

Shares of Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $49.04 and last traded at $48.96, with a volume of 761 shares. The stock had previously closed at $48.83.

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

The firm has a market capitalization of $1.44 billion, a P/E ratio of 24.16 and a beta of 0.47. The business has a fifty day moving average of $47.17 and a 200-day moving average of $46.92.

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

A number of institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 1.3% during the 1st quarter. AQR Capital Management LLC now owns 43,545 shares of the company’s stock valued at $1,806,000 after acquiring an additional 541 shares during the last quarter. Jane Street Group LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – January during the first quarter worth $374,000. JPMorgan Chase & Co. increased its position in Innovator U.S. Equity Power Buffer ETF – January by 5.4% during the second quarter. JPMorgan Chase & Co. now owns 59,993 shares of the company’s stock worth $2,643,000 after buying an additional 3,087 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the second quarter valued at about $291,000. Finally, Benjamin Edwards Inc. grew its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 21.9% in the second quarter. Benjamin Edwards Inc. now owns 243,042 shares of the company’s stock valued at $10,706,000 after purchasing an additional 43,606 shares during the last quarter.

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

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.