Envestnet Asset Management Inc. Cuts Stake in Innovator U.S. Equity Power Buffer ETF – November $PNOV

Envestnet Asset Management Inc. lessened its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) by 33.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 153,353 shares of the company’s stock after selling 76,423 shares during the quarter. Envestnet Asset Management Inc. owned about 0.91% of Innovator U.S. Equity Power Buffer ETF – November worth $6,297,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PNOV. Penserra Capital Management LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,507,897 shares of the company’s stock valued at $61,914,000 after buying an additional 24,635 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – November by 2.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 38,324 shares of the company’s stock valued at $1,574,000 after acquiring an additional 837 shares during the last quarter. Global Wealth Strategies & Associates purchased a new stake in Innovator U.S. Equity Power Buffer ETF – November in the 3rd quarter worth $64,000. Osaic Holdings Inc. lifted its stake in Innovator U.S. Equity Power Buffer ETF – November by 13.1% in the 2nd quarter. Osaic Holdings Inc. now owns 411,671 shares of the company’s stock worth $16,269,000 after purchasing an additional 47,753 shares in the last quarter. Finally, MML Investors Services LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November by 0.9% during the 2nd quarter. MML Investors Services LLC now owns 69,455 shares of the company’s stock valued at $2,745,000 after purchasing an additional 593 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 0.5%

Shares of PNOV stock opened at $42.12 on Friday. Innovator U.S. Equity Power Buffer ETF – November has a 12-month low of $34.19 and a 12-month high of $42.37. The stock has a market capitalization of $710.99 million, a price-to-earnings ratio of 24.05 and a beta of 0.45. The stock’s 50-day moving average price is $41.97 and its 200-day moving average price is $41.35.

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.