Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Reaches New 52-Week High – Still a Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) reached a new 52-week high during trading on Tuesday . The stock traded as high as $44.87 and last traded at $44.80, with a volume of 2388 shares trading hands. The stock had previously closed at $44.68.

Innovator U.S. Equity Power Buffer ETF – August Stock Down 0.0%

The company’s 50 day moving average is $43.58 and its 200 day moving average is $43.29. The firm has a market capitalization of $871.06 million, a price-to-earnings ratio of 24.79 and a beta of 0.48.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Gill Capital Partners LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – August by 29.4% in the third quarter. Gill Capital Partners LLC now owns 138,735 shares of the company’s stock valued at $5,892,000 after acquiring an additional 31,506 shares in the last quarter. Bellwether Advisors LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – August by 31.7% during the third quarter. Bellwether Advisors LLC now owns 84,935 shares of the company’s stock worth $3,607,000 after buying an additional 20,431 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – August during the third quarter worth about $1,022,000. Commonwealth Equity Services LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – August by 4.8% during the third quarter. Commonwealth Equity Services LLC now owns 606,095 shares of the company’s stock worth $25,741,000 after buying an additional 27,529 shares in the last quarter. Finally, Atlantic Private Wealth LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – August during the third quarter worth about $629,000.

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

The Innovator U.S. Equity Power Buffer ETF – August (PAUG) 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. PAUG was launched on Aug 1, 2019 and is managed by Innovator.