Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $50.96 and last traded at $50.96, with a volume of 26166 shares trading hands. The stock had previously closed at $50.63.

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

The company has a market cap of $1.49 billion, a P/E ratio of 24.16 and a beta of 0.47. The business has a fifty day simple moving average of $50.23 and a 200 day simple moving average of $48.94.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Several large investors have recently added to or reduced their stakes in PJAN. Financial Network Wealth Advisors LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – January by 6.4% in the fourth quarter. Financial Network Wealth Advisors LLC now owns 4,196 shares of the company’s stock valued at $197,000 after acquiring an additional 253 shares during the last quarter. Valtinson Bruner Financial Planning LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 1.5% during the 4th quarter. Valtinson Bruner Financial Planning LLC now owns 20,418 shares of the company’s stock worth $960,000 after purchasing an additional 295 shares during the last quarter. Jessup Wealth Management Inc raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 1.1% during the 1st quarter. Jessup Wealth Management Inc now owns 36,238 shares of the company’s stock valued at $1,672,000 after purchasing an additional 388 shares in the last quarter. Berger Financial Group Inc raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 8.8% during the 1st quarter. Berger Financial Group Inc now owns 8,624 shares of the company’s stock valued at $398,000 after purchasing an additional 700 shares in the last quarter. Finally, Global Assets Advisory LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – January in the 1st quarter valued at $34,000.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.