Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sets New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) reached a new 52-week high on Tuesday . The stock traded as high as $45.03 and last traded at $45.0310, with a volume of 17570 shares. The stock had previously closed at $44.9418.

Innovator U.S. Equity Power Buffer ETF – March Stock Performance

The stock has a market cap of $713.28 million, a price-to-earnings ratio of 25.08 and a beta of 0.40. The firm’s 50-day simple moving average is $44.67 and its two-hundred day simple moving average is $43.85.

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

A number of institutional investors have recently bought and sold shares of PMAR. IFP Advisors Inc raised its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 1.3% during the 3rd quarter. IFP Advisors Inc now owns 43,566 shares of the company’s stock valued at $1,913,000 after acquiring an additional 553 shares during the last quarter. Ameriflex Group Inc. acquired a new position in Innovator U.S. Equity Power Buffer ETF – March in the third quarter valued at about $243,000. Orion Porfolio Solutions LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – March by 5.1% during the third quarter. Orion Porfolio Solutions LLC now owns 20,554 shares of the company’s stock worth $903,000 after buying an additional 1,004 shares during the last quarter. Dana Investment Advisors Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March during the 3rd quarter worth about $204,000. Finally, HighTower Advisors LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 1.5% in the third quarter. HighTower Advisors LLC now owns 139,949 shares of the company’s stock worth $6,145,000 after purchasing an additional 2,053 shares during the period.

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

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.