Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Sets New 52-Week High – Here’s Why
by Danessa Lincoln · The Markets DailyInnovator U.S. Equity Power Buffer ETF – September (BATS:PSEP – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $44.95 and last traded at $44.95, with a volume of 23823 shares. The stock had previously closed at $44.74.
Innovator U.S. Equity Power Buffer ETF – September Price Performance
The firm has a market capitalization of $803.07 million, a P/E ratio of 25.05 and a beta of 0.48. The stock’s fifty day simple moving average is $43.78 and its 200 day simple moving average is $43.58.
Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – September
Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new position in Innovator U.S. Equity Power Buffer ETF – September in the third quarter worth about $29,000. Geneos Wealth Management Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the third quarter valued at about $46,000. Key Capital Management INC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter valued at about $46,000. Barclays PLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter valued at about $64,000. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – September by 53.7% during the third quarter. EverSource Wealth Advisors LLC now owns 1,549 shares of the company’s stock valued at $67,000 after acquiring an additional 541 shares in the last quarter.
About Innovator U.S. Equity Power Buffer ETF – September
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.