Orion Capital Management LLC Raises Position in Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)

Orion Capital Management LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) by 6.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 37,044 shares of the company’s stock after acquiring an additional 2,250 shares during the quarter. Innovator U.S. Equity Power Buffer ETF – January comprises approximately 0.8% of Orion Capital Management LLC’s portfolio, making the stock its 27th largest position. Orion Capital Management LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – January were worth $1,380,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Bailard Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the fourth quarter worth about $210,000. Milestone Asset Management LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the fourth quarter worth about $217,000. Betterment LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – January by 12.6% in the third quarter. Betterment LLC now owns 6,974 shares of the company’s stock worth $243,000 after acquiring an additional 782 shares in the last quarter. Range Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the fourth quarter worth about $294,000. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – January in the fourth quarter worth about $318,000.

Innovator U.S. Equity Power Buffer ETF – January Stock Down 0.6 %

Shares of BATS:PJAN traded down $0.24 during trading on Wednesday, hitting $38.62. The company’s stock had a trading volume of 40,111 shares. The firm’s fifty day simple moving average is $38.74 and its 200-day simple moving average is $37.44. The stock has a market capitalization of $1.15 billion, a P/E ratio of 23.98 and a beta of 0.53.

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

The Innovator U.S. Equity Power Buffer ETF – January (PJAN) 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. PJAN was launched on Jan 2, 2019 and is managed by Innovator.