Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP) Sets New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – September (BATS:PSEP)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $46.89 and last traded at $46.69, with a volume of 56824 shares changing hands. The stock had previously closed at $46.87.

Innovator U.S. Equity Power Buffer ETF – September Stock Up 0.3%

The company has a market cap of $835.74 million, a PE ratio of 25.05 and a beta of 0.48. The business has a 50-day simple moving average of $46.41 and a 200-day simple moving average of $45.25.

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

Several hedge funds have recently bought and sold shares of PSEP. AQR Capital Management LLC grew its position in Innovator U.S. Equity Power Buffer ETF – September by 1.8% in the 1st quarter. AQR Capital Management LLC now owns 15,255 shares of the company’s stock valued at $586,000 after acquiring an additional 275 shares in the last quarter. Waterloo Capital L.P. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 7.4% during the fourth quarter. Waterloo Capital L.P. now owns 6,505 shares of the company’s stock worth $284,000 after purchasing an additional 447 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – September by 2.6% during the third quarter. NewEdge Advisors LLC now owns 20,296 shares of the company’s stock worth $872,000 after purchasing an additional 520 shares in the last quarter. Valtinson Bruner Financial Planning LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – September by 1.1% in the fourth quarter. Valtinson Bruner Financial Planning LLC now owns 49,222 shares of the company’s stock valued at $2,152,000 after purchasing an additional 538 shares during the period. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – September in the third quarter valued at approximately $29,000.

About Innovator U.S. Equity Power Buffer ETF – September

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.