Innovator U.S. Equity Power Buffer ETF (PNOV)
Innovator U.S. Equity Power Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $45.33, up 0.20% on the session, giving a market capitalisation of $896.3M. Its beta of 0.49 implies it has historically moved less than the broad market.
This Innovator ETF aims to replicate the performance of the SPDR S&P 500 ETF Trust (SPY), subject to a predetermined maximum gain. Concurrently, it shields investors from the first 15% of any potential losses over its designated outcome period. While the fund can be held for an extended duration, its investment features refresh annually at the close of each outcome period.
Innovator U.S. Equity Power Buffer ETF is most often compared with the following Financial Services names: