Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Reaches New 1-Year High – Here’s Why

Shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $46.23 and last traded at $46.23, with a volume of 3308 shares changing hands. The stock had previously closed at $46.08.

Innovator U.S. Equity Power Buffer ETF – September Stock Up 0.2%

The company’s 50-day moving average is $45.64 and its 200-day moving average is $44.46. The stock has a market capitalization of $823.78 million, a price-to-earnings ratio of 25.05 and a beta of 0.48.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – September

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock worth $46,788,000 after buying an additional 1,069,542 shares during the period. Citadel Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% during the 3rd quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock worth $30,026,000 after purchasing an additional 690,308 shares during the period. Susquehanna International Group LLP increased its holdings in Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% in the 3rd quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock valued at $26,543,000 after purchasing an additional 596,924 shares during the last quarter. Lido Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – September in the 4th quarter valued at approximately $24,178,000. Finally, Focus Partners Wealth raised its position in Innovator U.S. Equity Power Buffer ETF – September by 431.0% in the fourth quarter. Focus Partners Wealth now owns 401,664 shares of the company’s stock valued at $17,560,000 after purchasing an additional 326,021 shares during the period.

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

The Innovator S&P 500 Power Buffer ETF – September (PSEP) 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. PSEP was launched on Sep 3, 2019 and is managed by Innovator.