Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Hits New 1-Year High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $39.42 and last traded at $39.6760, with a volume of 6320 shares changing hands. The stock had previously closed at $39.39.

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

The firm has a fifty day moving average of $39.26 and a 200 day moving average of $38.70. The stock has a market capitalization of $668.15 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Advisory Alpha LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 5.6% during the 1st quarter. Advisory Alpha LLC now owns 36,945 shares of the company’s stock valued at $1,323,000 after acquiring an additional 1,975 shares during the period. McAlister Sweet & Associates Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – May during the second quarter worth approximately $4,732,000. Keystone Wealth Services LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – May by 18.9% in the second quarter. Keystone Wealth Services LLC now owns 7,546 shares of the company’s stock valued at $285,000 after purchasing an additional 1,200 shares during the period. Atticus Wealth Management LLC increased its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 4.3% in the second quarter. Atticus Wealth Management LLC now owns 108,604 shares of the company’s stock valued at $4,104,000 after buying an additional 4,470 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 239.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 170,580 shares of the company’s stock worth $6,456,000 after buying an additional 120,277 shares during the period.

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

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.