Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Hits New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $44.95 and last traded at $44.95, with a volume of 23823 shares trading hands. The stock had previously closed at $44.74.

Innovator U.S. Equity Power Buffer ETF – September Trading Up 0.4%

The firm has a 50-day moving average of $43.74 and a 200 day moving average of $43.56. The stock has a market capitalization of $802.18 million, a price-to-earnings ratio of 25.05 and a beta of 0.48.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Forty three Eighteen Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter worth approximately $219,000. Rockefeller Capital Management L.P. acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter worth approximately $554,000. World Investment Advisors acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter worth approximately $232,000. BFI Wealth Solutions LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the 4th quarter worth approximately $1,225,000. Finally, Beacon Pointe Advisors LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – September by 1.7% during the 4th quarter. Beacon Pointe Advisors LLC now owns 188,215 shares of the company’s stock worth $8,228,000 after acquiring an additional 3,206 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.