Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) reached a new 52-week high on Wednesday . The company traded as high as $45.03 and last traded at $45.1990, with a volume of 17570 shares changing hands. The stock had previously closed at $44.9418.

Innovator U.S. Equity Power Buffer ETF – March Trading Up 0.6%

The firm has a market capitalization of $715.50 million, a P/E ratio of 25.08 and a beta of 0.40. The company has a 50-day moving average of $44.59 and a 200-day moving average of $43.77.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. CNB Bank acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March in the 3rd quarter worth approximately $39,000. PFS Partners LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – March by 210.5% during the second quarter. PFS Partners LLC now owns 1,329 shares of the company’s stock valued at $56,000 after acquiring an additional 901 shares during the last quarter. Phillips Financial Management LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – March during the second quarter valued at $77,000. Ameritas Advisory Services LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – March during the 2nd quarter worth about $89,000. Finally, Creative Financial Designs Inc. ADV raised its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 14.5% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 3,000 shares of the company’s stock worth $127,000 after acquiring an additional 381 shares in the last quarter.

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

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.