Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Sets New 12-Month High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $43.19 and last traded at $43.18, with a volume of 5786 shares traded. The stock had previously closed at $43.06.

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

The company’s 50-day moving average price is $41.85 and its 200-day moving average price is $41.73. The company has a market cap of $731.75 million, a P/E ratio of 24.05 and a beta of 0.45.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – November

Institutional investors have recently modified their holdings of the company. Brookstone Capital Management boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 971.4% during the fourth quarter. Brookstone Capital Management now owns 1,247,662 shares of the company’s stock worth $52,127,000 after acquiring an additional 1,131,213 shares in the last quarter. Focus Partners Advisor Solutions LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 89.1% during the third quarter. Focus Partners Advisor Solutions LLC now owns 71,392 shares of the company’s stock worth $2,963,000 after acquiring an additional 33,647 shares in the last quarter. Chris Bulman Inc boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 102.5% during the fourth quarter. Chris Bulman Inc now owns 42,067 shares of the company’s stock worth $1,758,000 after acquiring an additional 21,294 shares in the last quarter. CRA Financial Services LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 116.3% during the fourth quarter. CRA Financial Services LLC now owns 99,207 shares of the company’s stock worth $4,145,000 after acquiring an additional 53,349 shares in the last quarter. Finally, Dakota Wealth Management boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 357.1% during the fourth quarter. Dakota Wealth Management now owns 61,250 shares of the company’s stock worth $2,559,000 after acquiring an additional 47,850 shares in the last quarter.

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

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.