Corrado Advisors LLC Makes New $1.66 Million Investment in Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)

Corrado Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) in the fourth quarter, HoldingsChannel reports. The firm purchased 39,195 shares of the company’s stock, valued at approximately $1,656,000.

Other hedge funds have also modified their holdings of the company. Sugar Maple Asset Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter worth $50,000. Stonebridge Financial Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter worth $86,000. Kestra Investment Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the fourth quarter worth $89,000. Coldstream Capital Management Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the third quarter worth $220,000. Finally, Insigneo Advisory Services LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – January during the third quarter worth $260,000.

Innovator U.S. Equity Power Buffer ETF – January Trading Up 1.3 %

Shares of BATS:PJAN opened at $42.66 on Thursday. The stock’s fifty day moving average is $42.63 and its two-hundred day moving average is $41.80. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 27.11 and a beta of 0.50.

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