Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Stock Price Down 0.9% – Here’s Why

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) fell 0.9% during mid-day trading on Wednesday . The stock traded as low as $44.82 and last traded at $44.82. 84,123 shares were traded during mid-day trading, an increase of 6% from the average session volume of 79,487 shares. The stock had previously closed at $45.23.

Innovator U.S. Equity Power Buffer ETF – March Stock Performance

The stock’s 50 day simple moving average is $45.29 and its 200 day simple moving average is $44.59. The firm has a market cap of $703.01 million, a P/E ratio of 25.08 and a beta of 0.40.

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

Several hedge funds and other institutional investors have recently made changes to their positions in PMAR. CNB Bank bought a new position in Innovator U.S. Equity Power Buffer ETF – March in the 3rd quarter valued at about $39,000. Garton & Associates Financial Advisors LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter valued at about $56,000. Optima Capital LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter worth approximately $72,000. Elyxium Wealth LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter worth approximately $108,000. Finally, WealthPlan Investment Management LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the third quarter worth approximately $202,000.

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

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.