Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Hits New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJANGet Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as $49.21 and last traded at $49.15, with a volume of 41164 shares trading hands. The stock had previously closed at $49.05.

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

The firm has a market cap of $1.45 billion, a P/E ratio of 24.16 and a beta of 0.47. The stock has a 50 day moving average of $47.50 and a 200 day moving average of $47.10.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – January by 1.3% during the first 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 bought a new position in Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at approximately $374,000. JPMorgan Chase & Co. grew 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 valued at $2,643,000 after acquiring an additional 3,087 shares during the last quarter. Cerity Partners LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – January during the second quarter valued at approximately $291,000. Finally, Benjamin Edwards Inc. grew its position in Innovator U.S. Equity Power Buffer ETF – January by 21.9% during the second quarter. Benjamin Edwards Inc. now owns 243,042 shares of the company’s stock valued at $10,706,000 after acquiring an additional 43,606 shares during the last quarter.

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

(Get Free Report)

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.

Further Reading

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