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

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) shares hit a new 52-week high on Tuesday . The company traded as high as $46.89 and last traded at $46.69, with a volume of 56824 shares changing hands. The stock had previously closed at $46.87.

Innovator U.S. Equity Power Buffer ETF – September Price Performance

The stock has a market cap of $835.02 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The business’s 50 day moving average is $46.38 and its 200 day moving average is $45.21.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PSEP. AQR Capital Management LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 1.8% in the 1st quarter. AQR Capital Management LLC now owns 15,255 shares of the company’s stock valued at $586,000 after acquiring an additional 275 shares during the last quarter. Creative Planning acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – September during the 2nd quarter worth about $200,000. Cerity Partners LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – September by 189.2% during the second quarter. Cerity Partners LLC now owns 30,844 shares of the company’s stock worth $1,261,000 after purchasing an additional 20,177 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in Innovator U.S. Equity Power Buffer ETF – September by 9.5% during the second quarter. Benjamin Edwards Inc. now owns 11,479 shares of the company’s stock worth $469,000 after purchasing an additional 1,000 shares during the last quarter. Finally, MML Investors Services LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – September by 190.6% in the second quarter. MML Investors Services LLC now owns 122,394 shares of the company’s stock valued at $5,005,000 after purchasing an additional 80,272 shares in the last quarter.

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

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.