MML Investors Services LLC Has $27.35 Million Stake in Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN)

MML Investors Services LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – January (BATS:PJAN) by 4.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 647,360 shares of the company’s stock after buying an additional 27,377 shares during the quarter. MML Investors Services LLC’s holdings in Innovator U.S. Equity Power Buffer ETF – January were worth $27,351,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – January by 7.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 54,569 shares of the company’s stock valued at $2,255,000 after acquiring an additional 3,937 shares during the period. Janney Montgomery Scott LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – January by 6.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 189,185 shares of the company’s stock valued at $7,993,000 after purchasing an additional 12,204 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in Innovator U.S. Equity Power Buffer ETF – January by 275.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,496 shares of the company’s stock worth $317,000 after buying an additional 5,500 shares in the last quarter. Avantax Advisory Services Inc. increased its holdings in Innovator U.S. Equity Power Buffer ETF – January by 9.8% in the 4th quarter. Avantax Advisory Services Inc. now owns 23,846 shares of the company’s stock valued at $1,007,000 after buying an additional 2,130 shares during the period. Finally, WorthPointe LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – January by 2.9% during the 4th quarter. WorthPointe LLC now owns 38,148 shares of the company’s stock worth $1,612,000 after acquiring an additional 1,087 shares during the period.

Innovator U.S. Equity Power Buffer ETF – January Trading Down 4.8 %

BATS PJAN opened at $40.08 on Monday. The firm’s 50 day simple moving average is $41.54 and its 200 day simple moving average is $41.87. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 24.34 and a beta of 0.48. Innovator U.S. Equity Power Buffer ETF – January has a 1 year low of $37.59 and a 1 year high of $43.87.

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

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.