Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV) Trading Up 0.6% – Should You Buy?

Shares of Innovator U.S. Equity Ultra Buffer ETF – November (BATS:UNOV) shot up 0.6% during trading on Tuesday . The company traded as high as $34.29 and last traded at $34.29. 93,551 shares were traded during mid-day trading, The stock had previously closed at $34.09.

Innovator U.S. Equity Ultra Buffer ETF – November Trading Up 0.2 %

The company has a market cap of $57.26 million, a PE ratio of 23.24 and a beta of 0.50. The firm’s 50-day simple moving average is $33.89 and its two-hundred day simple moving average is $33.45.

Hedge Funds Weigh In On Innovator U.S. Equity Ultra Buffer ETF – November

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in Innovator U.S. Equity Ultra Buffer ETF – November by 7.9% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 98,841 shares of the company’s stock worth $3,350,000 after buying an additional 7,270 shares during the period. Triad Wealth Partners LLC acquired a new stake in Innovator U.S. Equity Ultra Buffer ETF – November during the 2nd quarter valued at approximately $74,000. Finally, Cetera Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – November in the 1st quarter valued at $367,000.

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

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