Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Reaches New 52-Week High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $41.06 and last traded at $41.03, with a volume of 98569 shares traded. The stock had previously closed at $40.94.

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

The business’s fifty day simple moving average is $40.16 and its 200 day simple moving average is $39.72. The stock has a market cap of $690.37 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – May

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Independent Financial Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the first quarter worth $3,386,000. Fifth Third Bancorp bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the first quarter worth $80,000. Kestra Advisory Services LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 56.6% during the first quarter. Kestra Advisory Services LLC now owns 202,460 shares of the company’s stock worth $8,086,000 after purchasing an additional 73,182 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 97.0% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 65,462 shares of the company’s stock worth $2,615,000 after purchasing an additional 32,231 shares in the last quarter. Finally, World Investment Advisors bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth $260,000.

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

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.