Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) Reaches New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – August (BATS:PAUG) shares reached a new 52-week high on Tuesday . The company traded as high as $45.88 and last traded at $45.88, with a volume of 134 shares traded. The stock had previously closed at $45.78.

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

The company has a market cap of $889.88 million, a PE ratio of 24.79 and a beta of 0.48. The firm’s 50 day moving average is $45.43 and its 200-day moving average is $44.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PAUG. Key Capital Management INC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – August in the fourth quarter valued at approximately $47,000. Triumph Capital Management acquired a new position in Innovator U.S. Equity Power Buffer ETF – August during the third quarter worth $67,000. JPMorgan Chase & Co. boosted its stake in Innovator U.S. Equity Power Buffer ETF – August by 15.4% during the second quarter. JPMorgan Chase & Co. now owns 1,859 shares of the company’s stock worth $75,000 after buying an additional 248 shares during the last quarter. Integral Investment Advisors Inc. acquired a new position in Innovator U.S. Equity Power Buffer ETF – August during the second quarter worth $201,000. Finally, Barclays PLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – August in the 4th quarter valued at $201,000.

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.