Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Reaches New 1-Year High – Here’s What Happened

Shares of Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $46.37 and last traded at $46.37, with a volume of 16953 shares trading hands. The stock had previously closed at $46.06.

Innovator U.S. Equity Power Buffer ETF – September Trading Up 0.7%

The company has a market capitalization of $827.88 million, a price-to-earnings ratio of 25.05 and a beta of 0.48. The stock’s 50 day moving average price is $45.96 and its 200 day moving average price is $44.77.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its stake in Innovator U.S. Equity Power Buffer ETF – September by 159,633.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,070,212 shares of the company’s stock valued at $46,788,000 after purchasing an additional 1,069,542 shares in the last quarter. Citadel Advisors LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 7,856.9% in the third quarter. Citadel Advisors LLC now owns 699,094 shares of the company’s stock valued at $30,026,000 after buying an additional 690,308 shares in the last quarter. Susquehanna International Group LLP increased its holdings in Innovator U.S. Equity Power Buffer ETF – September by 2,832.0% during the third quarter. Susquehanna International Group LLP now owns 618,002 shares of the company’s stock worth $26,543,000 after buying an additional 596,924 shares during the last quarter. Lido Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – September during the fourth quarter worth $24,178,000. Finally, Focus Partners Wealth increased its holdings in Innovator U.S. Equity Power Buffer ETF – September by 431.0% during the fourth quarter. Focus Partners Wealth now owns 401,664 shares of the company’s stock worth $17,560,000 after buying an additional 326,021 shares during the last quarter.

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

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.