Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Hits New 12-Month High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) reached a new 52-week high on Wednesday . The company traded as high as $39.42 and last traded at $39.38, with a volume of 6320 shares trading hands. The stock had previously closed at $39.39.

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

The company has a market capitalization of $662.77 million, a price-to-earnings ratio of 23.79 and a beta of 0.44. The business’s 50-day moving average price is $39.07 and its two-hundred day moving average price is $38.44.

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

Institutional investors have recently modified their holdings of the stock. Foundations Investment Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 6.9% during the 2nd quarter. Foundations Investment Advisors LLC now owns 6,575 shares of the company’s stock worth $248,000 after purchasing an additional 427 shares in the last quarter. Harbour Investments Inc. raised its stake in Innovator U.S. Equity Power Buffer ETF – May by 0.9% during the 2nd quarter. Harbour Investments Inc. now owns 48,632 shares of the company’s stock worth $1,838,000 after buying an additional 456 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in Innovator U.S. Equity Power Buffer ETF – May by 5.4% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 10,533 shares of the company’s stock worth $410,000 after buying an additional 543 shares during the period. First Commonwealth Financial Corp PA boosted its holdings in Innovator U.S. Equity Power Buffer ETF – May by 1.5% in the third quarter. First Commonwealth Financial Corp PA now owns 37,527 shares of the company’s stock worth $1,460,000 after acquiring an additional 560 shares in the last quarter. Finally, BCS Wealth Management grew its stake in Innovator U.S. Equity Power Buffer ETF – May by 3.4% in the second quarter. BCS Wealth Management now owns 17,001 shares of the company’s stock valued at $642,000 after acquiring an additional 566 shares during the period.

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.