Concurrent Investment Advisors LLC Trims Holdings in Innovator U.S. Equity Power Buffer ETF – November $PNOV

Concurrent Investment Advisors LLC reduced its holdings in shares of Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) by 86.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 20,436 shares of the company’s stock after selling 134,866 shares during the period. Concurrent Investment Advisors LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – November were worth $839,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Penserra Capital Management LLC increased its position in Innovator U.S. Equity Power Buffer ETF – November by 14.6% during the second quarter. Penserra Capital Management LLC now owns 1,483,262 shares of the company’s stock worth $58,618,000 after buying an additional 188,411 shares during the period. Osaic Holdings Inc. increased its holdings in shares of 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 valued at $16,269,000 after purchasing an additional 47,753 shares in the last quarter. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – November in the 2nd quarter worth approximately $1,492,000. Beacon Pointe Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – November by 14.5% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 262,425 shares of the company’s stock worth $10,371,000 after buying an additional 33,140 shares in the last quarter. Finally, MGO One Seven LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – November during the 2nd quarter valued at $761,000.

Innovator U.S. Equity Power Buffer ETF – November Trading Up 6.0%

Shares of BATS:PNOV opened at $42.14 on Friday. Innovator U.S. Equity Power Buffer ETF – November has a 12-month low of $34.19 and a 12-month high of $40.10. The stock’s 50-day moving average price is $41.65 and its two-hundred day moving average price is $40.97. The firm has a market cap of $711.32 million, a price-to-earnings ratio of 24.05 and a beta of 0.45.

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