PJUL Stock Summary and Trading Ideas (Innovator U.S. Equity Power Buffer ETF - July | BATS:PJUL)

The Fund seeks to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust, up to the upside cap of 14.28% (prior to taking into account management fees and other fees) while providing a buffer against the first 15% (prior to taking into account management fees and other fees) of SPDR S&P 500 ETF Trust losses, over the period from July 1, 2023 to June 30, 2024. The Fund invests at least 80% of its net assets in FLexible EXchange Options ("FLEX Options") that reference the SPDR S&P 500 ETF Trust (the "Underlying ETF").

Innovator U.S. Equity Power Buffer ETF - July trades on the BATS stock market under the symbol PJUL.

As of April 29, 2024, PJUL stock price climbed to $37.91 with 18,723 million shares trading.

PJUL has a beta of 0.60, meaning it tends to be less sensitive to market movements. PJUL has a correlation of 0.95 to the broad based SPY ETF.

PJUL has a market cap of $764.83 million. This is considered a Small Cap stock.

In the last 3 years, PJUL stock traded as high as $38.06 and as low as $28.27.

PJUL has underperformed the market in the last year with a return of +20.8%, while the SPY ETF gained +27.8%. In the last 3 month period, PJUL fell short of the market, returning +3.2%, while SPY returned +5.0%. However, in the most recent 2 weeks PJUL has outperformed the stock market by returning +0.4%, while SPY returned -0.2%.

PJUL support price is $37.67 and resistance is $38.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PJUL stock will trade within this expected range on the day.