Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY – Get Free Report) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 16,057 shares, a decline of 71.4% from the June 15th total of 56,109 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 27,293 shares, the days-to-cover ratio is presently 0.6 days.
Innovator U.S. Equity Power Buffer ETF – May Price Performance
PMAY opened at $41.61 on Monday. The company has a market capitalization of $700.30 million, a PE ratio of 23.79 and a beta of 0.44. The firm has a 50-day simple moving average of $41.14 and a two-hundred day simple moving average of $40.34. Innovator U.S. Equity Power Buffer ETF – May has a 52 week low of $37.78 and a 52 week high of $41.62.
Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – May
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PMAY. Focus Financial Network Inc. grew its holdings in Innovator U.S. Equity Power Buffer ETF – May by 73.0% during the 2nd quarter. Focus Financial Network Inc. now owns 32,611 shares of the company’s stock valued at $1,347,000 after buying an additional 13,761 shares in the last quarter. Castle Rock Wealth Management LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 2.5% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 84,527 shares of the company’s stock worth $3,491,000 after acquiring an additional 2,100 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 60.2% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 8,433 shares of the company’s stock valued at $348,000 after acquiring an additional 3,169 shares during the last quarter. CoreCap Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 19.0% during the 2nd quarter. CoreCap Advisors LLC now owns 89,165 shares of the company’s stock valued at $3,683,000 after acquiring an additional 14,206 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 in the first quarter valued at $3,386,000.
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.
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