Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Hits New 12-Month High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) reached a new 52-week high during trading on Thursday . The stock traded as high as $48.90 and last traded at $48.8850, with a volume of 6407 shares changing hands. The stock had previously closed at $48.71.

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

The firm has a market capitalization of $774.09 million, a P/E ratio of 25.08 and a beta of 0.40. The business’s fifty day moving average price is $48.20 and its two-hundred day moving average price is $46.96.

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

Several institutional investors have recently bought and sold shares of the company. Jane Street Group LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 179.3% in the first quarter. Jane Street Group LLC now owns 30,899 shares of the company’s stock worth $1,234,000 after purchasing an additional 19,837 shares during the last quarter. Raymond James Financial Inc. boosted its position in Innovator U.S. Equity Power Buffer ETF – March by 2.0% in the second quarter. Raymond James Financial Inc. now owns 288,179 shares of the company’s stock valued at $12,170,000 after buying an additional 5,669 shares during the last quarter. MML Investors Services LLC boosted its position in Innovator U.S. Equity Power Buffer ETF – March by 1.3% in the second quarter. MML Investors Services LLC now owns 54,753 shares of the company’s stock valued at $2,312,000 after buying an additional 717 shares during the last quarter. Orion Porfolio Solutions LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – March by 248.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 19,550 shares of the company’s stock worth $826,000 after buying an additional 13,945 shares during the period. Finally, Liberty Atlantic Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter worth approximately $371,000.

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.