Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Reaches New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY – Get Free Report)’s share price reached a new 52-week high on Wednesday. The company traded as high as $42.69 and last traded at $42.64, with a volume of 23,808 shares trading hands. The stock had previously closed at $42.63.

Innovator U.S. Equity Power Buffer ETF – May Trading Up 0.0%

The firm’s 50 day simple moving average is $42.20 and its 200-day simple moving average is $41.39. The stock has a market capitalization of $717.63 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – May

Several hedge funds have recently modified their holdings of PMAY. Independent Financial Group LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter valued at $3,386,000. Bullseye Investment Management LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May during the 2nd quarter valued at $3,430,000. Kestra Advisory Services LLC lifted its holdings in 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 valued at $8,086,000 after purchasing an additional 73,182 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Innovator U.S. Equity Power Buffer ETF – May by 55.3% during the second quarter. Envestnet Asset Management Inc. now owns 161,643 shares of the company’s stock worth $6,676,000 after purchasing an additional 57,537 shares during the period. Finally, Atlantic Private Wealth LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – May during the second quarter worth $1,958,000.

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

(Get Free Report)

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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