Cornerstone Wealth LLC TN Makes New Investment in Innovator U.S. Equity Power Buffer ETF – August $PAUG

Cornerstone Wealth LLC TN acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) during the first quarter, Holdings Channel reports. The institutional investor acquired 141,024 shares of the company’s stock, valued at approximately $6,283,000. Innovator U.S. Equity Power Buffer ETF – August accounts for 3.6% of Cornerstone Wealth LLC TN’s portfolio, making the stock its 7th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Key Capital Management INC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – August in the 4th quarter valued at $47,000. Triumph Capital Management acquired a new stake in Innovator U.S. Equity Power Buffer ETF – August during the third quarter valued at $67,000. JPMorgan Chase & Co. grew its position in Innovator U.S. Equity Power Buffer ETF – August by 15.4% during the second quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock valued at $75,000 after buying an additional 248 shares during the period. Barclays PLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter valued at $201,000. Finally, Faithward Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter valued at $203,000.

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

Shares of Innovator U.S. Equity Power Buffer ETF – August stock opened at $45.92 on Thursday. The firm has a 50-day simple moving average of $45.54 and a two-hundred day simple moving average of $44.35. The company has a market cap of $890.85 million, a P/E ratio of 24.79 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – August has a fifty-two week low of $40.84 and a fifty-two week high of $45.97.

Innovator U.S. Equity Power Buffer ETF – August Profile

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.