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

Innovator U.S. Equity Power Buffer ETF – June (BATS:PJUN) reached a new 52-week high during trading on Tuesday . The company traded as high as $43.38 and last traded at $43.38, with a volume of 1506 shares traded. The stock had previously closed at $43.33.

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

The company has a 50-day simple moving average of $42.67 and a 200-day simple moving average of $42.15. The stock has a market cap of $789.91 million, a P/E ratio of 24.61 and a beta of 0.44.

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

Institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – June by 149.1% in the second quarter. NewEdge Advisors LLC now owns 36,668 shares of the company’s stock valued at $1,458,000 after buying an additional 21,947 shares during the last quarter. Alliancebernstein L.P. lifted its holdings in Innovator U.S. Equity Power Buffer ETF – June by 10.5% during the 2nd quarter. Alliancebernstein L.P. now owns 2,943,205 shares of the company’s stock valued at $117,022,000 after purchasing an additional 280,337 shares during the last quarter. Raymond James Financial Inc. boosted its position in Innovator U.S. Equity Power Buffer ETF – June by 77.0% during the second quarter. Raymond James Financial Inc. now owns 331,546 shares of the company’s stock worth $13,182,000 after purchasing an additional 144,206 shares during the period. Jane Street Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – June during the second quarter worth $1,322,000. Finally, Benjamin Edwards Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – June by 5.6% in the second quarter. Benjamin Edwards Inc. now owns 24,229 shares of the company’s stock valued at $963,000 after purchasing an additional 1,289 shares during the last quarter.

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

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.