Pinnacle Wealth Management Group Inc. Acquires 700 Shares of Innovator U.S. Equity Buffer ETF – March $BMAR

Pinnacle Wealth Management Group Inc. boosted its holdings in shares of Innovator U.S. Equity Buffer ETF – March (BATS:BMAR) by 8.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,000 shares of the company’s stock after acquiring an additional 700 shares during the period. Pinnacle Wealth Management Group Inc.’s holdings in Innovator U.S. Equity Buffer ETF – March were worth $441,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new position in Innovator U.S. Equity Buffer ETF – March during the second quarter worth about $60,000. IMG Wealth Management Inc. lifted its holdings in Innovator U.S. Equity Buffer ETF – March by 70.8% during the second quarter. IMG Wealth Management Inc. now owns 2,524 shares of the company’s stock worth $124,000 after acquiring an additional 1,046 shares in the last quarter. IFP Advisors Inc lifted its holdings in Innovator U.S. Equity Buffer ETF – March by 14.8% during the second quarter. IFP Advisors Inc now owns 3,832 shares of the company’s stock worth $188,000 after acquiring an additional 494 shares in the last quarter. WealthShield Partners LLC bought a new position in Innovator U.S. Equity Buffer ETF – March during the first quarter worth about $196,000. Finally, Fortitude Advisory Group L.L.C. bought a new position in Innovator U.S. Equity Buffer ETF – March during the second quarter worth about $211,000.

Innovator U.S. Equity Buffer ETF – March Trading Up 14.4%

BMAR stock opened at $52.10 on Friday. The business’s 50-day moving average price is $51.17 and its two-hundred day moving average price is $48.80. The firm has a market cap of $230.79 million, a PE ratio of 24.24 and a beta of 0.59. Innovator U.S. Equity Buffer ETF – March has a 1-year low of $40.94 and a 1-year high of $50.03.

Innovator U.S. Equity Buffer ETF – March Profile

The Innovator S&P 500 Buffer ETF – March (BMAR) 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. BMAR was launched on Mar 2, 2020 and is managed by Innovator.