Innovator MSCI EAFE Power Buffer ETF – July (NYSEARCA:IJUL) Short Interest Update

Innovator MSCI EAFE Power Buffer ETF – July (NYSEARCA:IJUL) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 140,463 shares, a drop of 62.4% from the July 15th total of 373,595 shares. Based on an average trading volume of 54,208 shares, the short-interest ratio is currently 2.6 days. Currently, 2.0% of the shares of the company are sold short.

Innovator MSCI EAFE Power Buffer ETF – July Stock Performance

IJUL stock opened at $37.04 on Friday. The stock has a market capitalization of $254.84 million, a price-to-earnings ratio of 16.30 and a beta of 0.45. Innovator MSCI EAFE Power Buffer ETF – July has a 1 year low of $31.90 and a 1 year high of $38.98. The stock’s fifty day moving average is $36.06 and its two-hundred day moving average is $35.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IJUL. JPMorgan Chase & Co. raised its holdings in shares of Innovator MSCI EAFE Power Buffer ETF – July by 493.6% during the second quarter. JPMorgan Chase & Co. now owns 16,050 shares of the company’s stock valued at $513,000 after buying an additional 13,346 shares during the last quarter. Benjamin Edwards Inc. bought a new position in Innovator MSCI EAFE Power Buffer ETF – July in the 2nd quarter worth approximately $285,000. IHT Wealth Management LLC acquired a new stake in Innovator MSCI EAFE Power Buffer ETF – July in the 2nd quarter valued at approximately $253,000. MML Investors Services LLC increased its position in Innovator MSCI EAFE Power Buffer ETF – July by 6.3% in the 2nd quarter. MML Investors Services LLC now owns 146,987 shares of the company’s stock valued at $4,695,000 after acquiring an additional 8,758 shares during the period. Finally, Chapman Financial Group LLC bought a new stake in Innovator MSCI EAFE Power Buffer ETF – July during the 2nd quarter valued at $145,000.

Innovator MSCI EAFE Power Buffer ETF – July Company Profile

The Innovator MSCI EAFE Power Buffer ETF – July (IJUL) is an exchange-traded fund that is based on the MSCI EAFE index. The fund aims for specific buffered losses and capped gains on the MSCI EAFE Index over a specific holdings period. The actively-managed fund holds options and collateral. IJUL was launched on Jul 1, 2019 and is managed by Innovator.