Wealth Alliance Reduces Position in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Wealth Alliance decreased its position in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 3.2% during the 4th quarter, Holdings Channel reports. The firm owned 53,060 shares of the company’s stock after selling 1,746 shares during the period. Wealth Alliance’s holdings in Innovator U.S. Equity Power Buffer ETF – May were worth $1,670,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Tennessee Valley Asset Management Partners bought a new stake in Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter valued at $27,000. Wagner Wealth Management LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter valued at about $57,000. KMG Fiduciary Partners LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter valued at about $209,000. VisionPoint Advisory Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – May in the third quarter worth about $535,000. Finally, Comerica Bank purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May in the third quarter worth about $59,000.

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

Shares of Innovator U.S. Equity Power Buffer ETF – May stock traded down $0.06 during trading on Tuesday, hitting $32.49. The company’s stock had a trading volume of 9,168 shares. The business’s 50 day moving average price is $32.31 and its two-hundred day moving average price is $31.25. The firm has a market capitalization of $420.75 million, a P/E ratio of 23.22 and a beta of 0.41.

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.