Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Hits New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $45.66 and last traded at $45.57, with a volume of 38387 shares. The stock had previously closed at $45.51.

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

The stock has a market cap of $721.37 million, a PE ratio of 25.08 and a beta of 0.40. The stock’s fifty day moving average is $45.17 and its 200-day moving average is $44.35.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – March

A number of hedge funds and other institutional investors have recently made changes to their positions in PMAR. Jane Street Group LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 179.3% during the 1st quarter. Jane Street Group LLC now owns 30,899 shares of the company’s stock valued at $1,234,000 after buying an additional 19,837 shares during the period. Envestnet Asset Management Inc. increased its stake in Innovator U.S. Equity Power Buffer ETF – March by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 110,148 shares of the company’s stock worth $4,652,000 after acquiring an additional 2,435 shares during the last quarter. Stuart Chaussee & Associates Inc. raised its position in Innovator U.S. Equity Power Buffer ETF – March by 22.9% in the second quarter. Stuart Chaussee & Associates Inc. now owns 42,000 shares of the company’s stock valued at $1,774,000 after purchasing an additional 7,828 shares during the period. World Investment Advisors raised its position in Innovator U.S. Equity Power Buffer ETF – March by 31.4% in the second quarter. World Investment Advisors now owns 6,700 shares of the company’s stock valued at $283,000 after purchasing an additional 1,600 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 152.0% in the 2nd quarter. Arkadios Wealth Advisors now owns 22,975 shares of the company’s stock valued at $970,000 after purchasing an additional 13,859 shares during the last quarter.

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

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.