Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Hits New 1-Year High – Time to Buy?

by · The Markets Daily

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB – Get Free Report)’s share price reached a new 52-week high during trading on Friday. The stock traded as high as $44.49 and last traded at $44.50, with a volume of 9134 shares traded. The stock had previously closed at $44.36.

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

The business has a fifty day simple moving average of $43.96 and a 200 day simple moving average of $42.90. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 24.08 and a beta of 0.42.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 479.8% during the first quarter. Brookstone Capital Management now owns 902,110 shares of the company’s stock worth $36,175,000 after purchasing an additional 746,522 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 11.3% during the first quarter. Kestra Advisory Services LLC now owns 334,764 shares of the company’s stock valued at $13,424,000 after acquiring an additional 34,047 shares in the last quarter. Cetera Investment Advisers increased its position in shares of Innovator U.S. Equity Power Buffer ETF – February by 35.7% during the first quarter. Cetera Investment Advisers now owns 275,252 shares of the company’s stock worth $11,038,000 after acquiring an additional 72,434 shares during the last quarter. Cassady Wealth & Retirement Planning LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 50.2% in the first quarter. Cassady Wealth & Retirement Planning LLC now owns 192,620 shares of the company’s stock worth $8,123,000 after acquiring an additional 64,360 shares in the last quarter. Finally, World Investment Advisors boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – February by 9.0% during the 1st quarter. World Investment Advisors now owns 159,203 shares of the company’s stock valued at $6,384,000 after buying an additional 13,083 shares during the last quarter.

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

(Get Free Report)

The Innovator U.S. Equity Power Buffer ETF – February (PFEB) 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. PFEB was launched on Feb 3, 2020 and is managed by Innovator.

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