Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Reaches New 12-Month High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAYGet Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $39.7375 and last traded at $39.81, with a volume of 23573 shares traded. The stock had previously closed at $39.58.

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

The company’s fifty day simple moving average is $39.57 and its two-hundred day simple moving average is $38.98. The stock has a market capitalization of $669.83 million, a PE ratio of 23.79 and a beta of 0.44.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – May

Several institutional investors and hedge funds have recently made changes to their positions in the company. Ballast Rock Private Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the 4th quarter worth approximately $445,000. Liberty Atlantic Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter valued at approximately $369,000. Truist Financial Corp lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 2.3% in the fourth quarter. Truist Financial Corp now owns 140,810 shares of the company’s stock valued at $5,575,000 after buying an additional 3,134 shares during the period. GenTrust LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth about $1,099,000. Finally, Pacific Park Financial Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter valued at about $349,000.

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

(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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