Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Reaches New 12-Month High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV)’s share price hit a new 52-week high on Tuesday. The company traded as high as $46.14 and last traded at $46.1510, with a volume of 14847 shares trading hands. The stock had previously closed at $46.02.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 0.3%

The company has a market capitalization of $779.01 million, a price-to-earnings ratio of 24.05 and a beta of 0.45. The company has a fifty day moving average of $45.34 and a 200-day moving average of $44.07.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lotus Asset Management LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November in the 2nd quarter valued at about $201,000. Citadel Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 93.3% during the 2nd quarter. Citadel Advisors LLC now owns 31,624 shares of the company’s stock worth $1,403,000 after purchasing an additional 15,263 shares during the last quarter. HB Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – November during the 2nd quarter worth approximately $269,000. Capital Square LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November in the second quarter valued at approximately $383,000. Finally, Cornerstone Wealth LLC TN purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November in the first quarter valued at approximately $402,000.

About Innovator U.S. Equity Power Buffer ETF – November

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.