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

Shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) reached a new 52-week high on Monday . The company traded as high as $41.74 and last traded at $41.74, with a volume of 407 shares changing hands. The stock had previously closed at $41.51.

Innovator U.S. Equity Power Buffer ETF – May Price Performance

The firm has a market capitalization of $702.99 million, a PE ratio of 23.79 and a beta of 0.44. The firm has a 50-day simple moving average of $41.28 and a 200-day simple moving average of $40.52.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Alliancebernstein L.P. boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 28.2% in the 2nd quarter. Alliancebernstein L.P. now owns 3,546,015 shares of the company’s stock worth $133,998,000 after purchasing an additional 779,446 shares during the period. Focus Partners Wealth increased its position in Innovator U.S. Equity Power Buffer ETF – May by 367.6% during the fourth quarter. Focus Partners Wealth now owns 365,330 shares of the company’s stock valued at $14,463,000 after acquiring an additional 287,204 shares during the last quarter. Keystone Wealth Services LLC raised 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 valued at $10,595,000 after acquiring an additional 235,946 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 26.7% in the 2nd quarter. Raymond James Financial Inc. now owns 507,341 shares of the company’s stock worth $19,172,000 after acquiring an additional 106,807 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the 1st quarter worth about $3,386,000.

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.