Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB) Hits New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – February (BATS:PFEB)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $40.79 and last traded at $41.2060, with a volume of 15302 shares. The stock had previously closed at $40.7189.

Innovator U.S. Equity Power Buffer ETF – February Trading Up 1.5%

The firm has a 50-day simple moving average of $40.79 and a 200-day simple moving average of $39.91. The firm has a market cap of $967.36 million, a P/E ratio of 24.08 and a beta of 0.42.

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

A number of large investors have recently added to or reduced their stakes in the company. Global Assets Advisory LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – February in the 3rd quarter worth approximately $1,482,000. Concurrent Investment Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – February in the third quarter valued at approximately $750,000. Envestnet Asset Management Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – February by 1.9% in the second quarter. Envestnet Asset Management Inc. now owns 218,876 shares of the company’s stock valued at $8,319,000 after acquiring an additional 3,988 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – February by 44.5% in the second quarter. Foundations Investment Advisors LLC now owns 36,419 shares of the company’s stock worth $1,384,000 after purchasing an additional 11,211 shares during the last quarter. Finally, DAVENPORT & Co LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – February during the second quarter worth $203,000.

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

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.