Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Hits New 52-Week High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $48.84 and last traded at $48.84, with a volume of 567 shares changing hands. The stock had previously closed at $48.71.

Innovator U.S. Equity Power Buffer ETF – March Stock Down 0.1%

The company has a market cap of $770.60 million, a PE ratio of 25.08 and a beta of 0.40. The business’s 50 day moving average price is $47.91 and its 200-day moving average price is $46.66.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Focus Partners Wealth grew its stake in Innovator U.S. Equity Power Buffer ETF – March by 90.5% during the 4th quarter. Focus Partners Wealth now owns 575,120 shares of the company’s stock valued at $25,847,000 after purchasing an additional 273,245 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 2.0% in the second quarter. Raymond James Financial Inc. now owns 288,179 shares of the company’s stock valued at $12,170,000 after acquiring an additional 5,669 shares in the last quarter. Cetera Investment Advisers raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 1.4% in the first quarter. Cetera Investment Advisers now owns 259,671 shares of the company’s stock valued at $11,587,000 after acquiring an additional 3,535 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – March by 40.5% during the 1st quarter. Kestra Advisory Services LLC now owns 255,499 shares of the company’s stock valued at $11,400,000 after acquiring an additional 73,627 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – March by 6.8% during the 4th quarter. LPL Financial LLC now owns 209,851 shares of the company’s stock worth $9,431,000 after acquiring an additional 13,305 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – March Company Profile

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