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

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) shares hit a new 52-week high on Monday . The stock traded as high as $47.92 and last traded at $47.92, with a volume of 850 shares traded. The stock had previously closed at $47.74.

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

The firm has a market cap of $758.73 million, a PE ratio of 25.08 and a beta of 0.40. The stock has a 50 day simple moving average of $47.40 and a two-hundred day simple moving average of $46.00.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Focus Partners Wealth boosted its position in Innovator U.S. Equity Power Buffer ETF – March by 90.5% in the 4th quarter. Focus Partners Wealth now owns 575,120 shares of the company’s stock worth $25,847,000 after purchasing an additional 273,245 shares in the last quarter. Cornerstone Wealth LLC TN purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – March during the 1st quarter valued at approximately $4,348,000. Hardworking Capital Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March in the 4th quarter valued at $3,943,000. Kestra Advisory Services LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 40.5% in the 1st quarter. Kestra Advisory Services LLC now owns 255,499 shares of the company’s stock valued at $11,400,000 after purchasing an additional 73,627 shares during the period. Finally, Diversify Wealth Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – March during the first quarter worth $3,316,000.

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.