Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Hits New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) hit a new 52-week high on Wednesday . The stock traded as high as $44.16 and last traded at $44.13, with a volume of 18772 shares traded. The stock had previously closed at $43.95.

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

The firm has a market cap of $856.12 million, a price-to-earnings ratio of 24.79 and a beta of 0.48. The firm has a 50-day moving average price of $43.26 and a two-hundred day moving average price of $43.06.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – August

Hedge funds and other institutional investors have recently made changes to their positions in the company. Gill Capital Partners LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 29.4% during the third quarter. Gill Capital Partners LLC now owns 138,735 shares of the company’s stock worth $5,892,000 after purchasing an additional 31,506 shares in the last quarter. Dynamic Advisor Solutions LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 63.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 31,252 shares of the company’s stock worth $1,327,000 after purchasing an additional 12,143 shares in the last quarter. Bellwether Advisors LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 31.7% during the third quarter. Bellwether Advisors LLC now owns 84,935 shares of the company’s stock worth $3,607,000 after purchasing an additional 20,431 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August during the third quarter worth about $1,022,000. Finally, Commonwealth Equity Services LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – August by 4.8% during the third quarter. Commonwealth Equity Services LLC now owns 606,095 shares of the company’s stock worth $25,741,000 after purchasing an additional 27,529 shares in the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.