Elmwood Wealth Management Inc. Boosts Stake in Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL)

Elmwood Wealth Management Inc. raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – July (BATS:PJUL) by 0.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 85,397 shares of the company’s stock after acquiring an additional 483 shares during the period. Innovator U.S. Equity Power Buffer ETF – July makes up about 1.4% of Elmwood Wealth Management Inc.’s investment portfolio, making the stock its 21st largest position. Elmwood Wealth Management Inc.’s holdings in Innovator U.S. Equity Power Buffer ETF – July were worth $3,516,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – July during the third quarter worth about $256,000. World Investment Advisors LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – July by 94.6% during the third quarter. World Investment Advisors LLC now owns 163,672 shares of the company’s stock worth $6,625,000 after purchasing an additional 79,560 shares during the last quarter. Continuum Advisory LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – July by 127.6% during the third quarter. Continuum Advisory LLC now owns 25,025 shares of the company’s stock worth $1,028,000 after purchasing an additional 14,030 shares during the last quarter. MML Investors Services LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – July by 31.3% during the third quarter. MML Investors Services LLC now owns 203,575 shares of the company’s stock worth $8,241,000 after purchasing an additional 48,551 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – July during the third quarter worth about $106,000.

Innovator U.S. Equity Power Buffer ETF – July Price Performance

PJUL stock traded down $0.24 during mid-day trading on Monday, hitting $40.99. 59,280 shares of the stock were exchanged. The firm’s 50 day simple moving average is $41.26 and its two-hundred day simple moving average is $40.24. The company has a market cap of $815.70 million, a PE ratio of 25.00 and a beta of 0.54.

Innovator U.S. Equity Power Buffer ETF – July Profile

The Innovator S&P 500 Power Buffer ETF — July (PJUL) is an exchange-traded fund that is based on the S&P 500 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. PJUL was launched on Aug 8, 2018 and is managed by Innovator.