Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Sets New 1-Year High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) reached a new 52-week high during trading on Monday . The stock traded as high as $40.05 and last traded at $40.05, with a volume of 835 shares trading hands. The stock had previously closed at $39.97.

Innovator U.S. Equity Power Buffer ETF – May Trading Up 0.2%

The stock has a market cap of $674.21 million, a P/E ratio of 23.79 and a beta of 0.44. The company’s 50 day moving average price is $39.83 and its two-hundred day moving average price is $39.43.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – May

Hedge funds have recently modified their holdings of the business. Alliancebernstein L.P. lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 28.2% during the 2nd quarter. Alliancebernstein L.P. now owns 3,546,015 shares of the company’s stock valued at $133,998,000 after buying an additional 779,446 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 367.6% in the fourth quarter. Focus Partners Wealth now owns 365,330 shares of the company’s stock worth $14,463,000 after purchasing an additional 287,204 shares in the last quarter. Keystone Wealth Services LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 3,126.8% in the fourth quarter. Keystone Wealth Services LLC now owns 243,492 shares of the company’s stock worth $10,595,000 after purchasing an additional 235,946 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 26.7% during the 2nd quarter. Raymond James Financial Inc. now owns 507,341 shares of the company’s stock valued at $19,172,000 after purchasing an additional 106,807 shares during the period. Finally, Osaic Holdings Inc. lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 20.7% during the 2nd quarter. Osaic Holdings Inc. now owns 495,679 shares of the company’s stock valued at $18,727,000 after buying an additional 84,913 shares in the last quarter.

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

The Innovator S&P 500 Power Buffer ETF – May (PMAY) 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. PMAY was launched on May 1, 2020 and is managed by Innovator.