Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Sets New 52-Week High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)’s share price reached a new 52-week high during mid-day trading on Friday. The company traded as high as $42.46 and last traded at $42.4490, with a volume of 2056 shares changing hands. The stock had previously closed at $42.26.

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

The company’s 50-day moving average is $42.03 and its 200-day moving average is $41.23. The firm has a market cap of $712.92 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – May

A number of large investors have recently modified their holdings of PMAY. Kestra Advisory Services LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 56.6% during the first quarter. Kestra Advisory Services LLC now owns 202,460 shares of the company’s stock valued at $8,086,000 after purchasing an additional 73,182 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Innovator U.S. Equity Power Buffer ETF – May by 55.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 161,643 shares of the company’s stock worth $6,676,000 after buying an additional 57,537 shares in the last quarter. CoreCap Advisors LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – May by 19.0% during the 2nd quarter. CoreCap Advisors LLC now owns 89,165 shares of the company’s stock worth $3,683,000 after buying an additional 14,206 shares in the last quarter. Independent Financial Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter valued at $3,386,000. Finally, Castle Rock Wealth Management LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – May by 2.5% in the 2nd quarter. Castle Rock Wealth Management LLC now owns 84,527 shares of the company’s stock valued at $3,491,000 after buying an additional 2,100 shares during the last quarter.

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

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.