Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) Reaches New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – November (BATS:PNOV) shares hit a new 52-week high on Friday . The stock traded as high as $44.08 and last traded at $44.08, with a volume of 541 shares traded. The stock had previously closed at $43.97.

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

The firm’s 50-day moving average is $42.38 and its two-hundred day moving average is $41.98. The company has a market cap of $743.23 million, a P/E ratio of 24.05 and a beta of 0.45.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – November

Large investors have recently bought and sold shares of the business. Brookstone Capital Management boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 971.4% during the fourth quarter. Brookstone Capital Management now owns 1,247,662 shares of the company’s stock worth $52,127,000 after buying an additional 1,131,213 shares during the period. Steward Partners Investment Advisory LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 3,526.2% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 710,849 shares of the company’s stock worth $29,699,000 after buying an additional 691,246 shares during the period. Berkshire Money Management Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 4,944.0% during the first quarter. Berkshire Money Management Inc. now owns 598,778 shares of the company’s stock worth $24,466,000 after buying an additional 586,907 shares during the period. Focus Partners Wealth boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 1,363.3% during the fourth quarter. Focus Partners Wealth now owns 429,536 shares of the company’s stock worth $17,946,000 after buying an additional 400,183 shares during the period. Finally, Foundations Investment Advisors LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – November by 807.9% during the fourth quarter. Foundations Investment Advisors LLC now owns 347,940 shares of the company’s stock worth $14,537,000 after buying an additional 309,616 shares during the period.

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

The Innovator U.S. Equity Power Buffer ETF – November (PNOV) 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. PNOV was launched on Nov 1, 2019 and is managed by Innovator.