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

Shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) reached a new 52-week high on Monday . The company traded as high as $42.37 and last traded at $42.3990, with a volume of 1912 shares traded. The stock had previously closed at $42.13.

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

The stock has a market capitalization of $713.34 million, a price-to-earnings ratio of 23.79 and a beta of 0.44. The firm’s fifty day moving average is $41.91 and its 200-day moving average is $41.11.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Independent Financial Group LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May in the first quarter worth about $3,386,000. Bullseye Investment Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the 2nd quarter worth about $3,430,000. Kestra Advisory Services LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 56.6% during the 1st quarter. Kestra Advisory Services LLC now owns 202,460 shares of the company’s stock worth $8,086,000 after buying an additional 73,182 shares in the last quarter. Atlantic Private Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter worth approximately $1,958,000. Finally, HB Wealth Management LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter worth approximately $1,527,000.

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.