Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Reaches New 52-Week High – Still a Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) hit a new 52-week high during trading on Tuesday . The stock traded as high as $45.02 and last traded at $45.02, with a volume of 34660 shares trading hands. The stock had previously closed at $44.99.

Innovator U.S. Equity Power Buffer ETF – September Trading Up 0.1%

The company has a 50 day moving average of $43.83 and a 200 day moving average of $43.62. The firm has a market cap of $803.61 million, a price-to-earnings ratio of 25.05 and a beta of 0.48.

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

Several institutional investors have recently bought and sold shares of the stock. Patriot Financial Group Insurance Agency LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 1.0% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 26,227 shares of the company’s stock worth $1,147,000 after purchasing an additional 254 shares in the last quarter. AQR Capital Management LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 1.8% in the first quarter. AQR Capital Management LLC now owns 15,255 shares of the company’s stock worth $586,000 after purchasing an additional 275 shares in the last quarter. Valmark Advisers Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – September by 1.6% in the third quarter. Valmark Advisers Inc. now owns 20,701 shares of the company’s stock worth $889,000 after purchasing an additional 326 shares in the last quarter. Sound View Wealth Advisors Group LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 3.5% during the third quarter. Sound View Wealth Advisors Group LLC now owns 11,602 shares of the company’s stock valued at $498,000 after acquiring an additional 397 shares during the period. Finally, Waterloo Capital L.P. lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 7.4% during the fourth quarter. Waterloo Capital L.P. now owns 6,505 shares of the company’s stock valued at $284,000 after acquiring an additional 447 shares during the period.

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.