Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Reaches New 1-Year High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $42.12 and last traded at $42.12, with a volume of 108 shares. The stock had previously closed at $41.98.

Innovator U.S. Equity Power Buffer ETF – May Stock Up 0.1%

The company has a fifty day simple moving average of $41.35 and a 200-day simple moving average of $40.60. The firm has a market cap of $708.88 million, a P/E ratio of 23.79 and a beta of 0.44.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Jessup Wealth Management Inc purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May in the 4th quarter worth approximately $56,000. Fifth Third Bancorp purchased a new position in Innovator U.S. Equity Power Buffer ETF – May during the first quarter valued at approximately $80,000. Optima Capital LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth approximately $107,000. Foundry Financial Group Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth approximately $203,000. Finally, WMS Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth approximately $238,000.

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.