Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) Sets New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $49.75 and last traded at $49.69, with a volume of 44999 shares trading hands. The stock had previously closed at $49.56.

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

The business has a fifty day moving average price of $49.15 and a 200 day moving average price of $47.80. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 24.16 and a beta of 0.47.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – January

Large investors have recently bought and sold shares of the stock. AQR Capital Management LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 1.3% in the 1st quarter. AQR Capital Management LLC now owns 43,545 shares of the company’s stock worth $1,806,000 after acquiring an additional 541 shares during the period. Jane Street Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the first quarter valued at approximately $374,000. JPMorgan Chase & Co. increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 5.4% during the second quarter. JPMorgan Chase & Co. now owns 59,993 shares of the company’s stock valued at $2,643,000 after acquiring an additional 3,087 shares during the period. Cerity Partners LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – January during the second quarter worth approximately $291,000. Finally, Benjamin Edwards Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – January by 21.9% during the second quarter. Benjamin Edwards Inc. now owns 243,042 shares of the company’s stock worth $10,706,000 after purchasing an additional 43,606 shares in the last quarter.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.