Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Reaches New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s stock price reached a new 52-week high on Friday . The stock traded as high as $44.03 and last traded at $44.03, with a volume of 990 shares changing hands. The stock had previously closed at $43.98.

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

The company’s 50 day moving average price is $43.36 and its 200-day moving average price is $42.22. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 24.08 and a beta of 0.42.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 43.7% during the 1st quarter. AQR Capital Management LLC now owns 21,778 shares of the company’s stock valued at $780,000 after acquiring an additional 6,622 shares during the last quarter. Focus Partners Wealth raised its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 66.5% during the first quarter. Focus Partners Wealth now owns 37,447 shares of the company’s stock worth $1,341,000 after purchasing an additional 14,950 shares during the period. JPMorgan Chase & Co. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 38.3% during the second quarter. JPMorgan Chase & Co. now owns 4,340 shares of the company’s stock worth $165,000 after purchasing an additional 1,203 shares during the period. Cerity Partners LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – February by 23.1% during the second quarter. Cerity Partners LLC now owns 26,640 shares of the company’s stock valued at $1,013,000 after purchasing an additional 5,000 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – February by 5.0% during the second quarter. MML Investors Services LLC now owns 72,669 shares of the company’s stock valued at $2,762,000 after purchasing an additional 3,449 shares during the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.