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

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) reached a new 52-week high during trading on Monday . The stock traded as high as $40.50 and last traded at $40.50, with a volume of 12712 shares changing hands. The stock had previously closed at $40.42.

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

The stock has a market cap of $681.45 million, a P/E ratio of 23.79 and a beta of 0.44. The company has a fifty day moving average price of $39.94 and a 200 day moving average price of $39.53.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – May

Several hedge funds and other institutional investors have recently modified their holdings of PMAY. Alliancebernstein L.P. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 28.2% during the second quarter. Alliancebernstein L.P. now owns 3,546,015 shares of the company’s stock valued at $133,998,000 after acquiring an additional 779,446 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of 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 in the last quarter. Keystone Wealth Services LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 3,126.8% during 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 in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 26.7% during the second quarter. Raymond James Financial Inc. now owns 507,341 shares of the company’s stock valued at $19,172,000 after acquiring an additional 106,807 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter valued at approximately $2,518,000.

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.