Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Hits New 52-Week High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAYGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $42.24 and last traded at $42.24, with a volume of 863 shares trading hands. The stock had previously closed at $42.18.

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

The firm’s 50 day moving average is $41.43 and its 200 day moving average is $40.69. The company has a market cap of $709.55 million, a PE ratio of 23.79 and a beta of 0.44.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – May

Several institutional investors and hedge funds have recently modified their holdings of the business. Jessup Wealth Management Inc bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter valued at about $56,000. Fifth Third Bancorp bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the first quarter worth approximately $80,000. Foundry Financial Group Inc. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter valued at approximately $203,000. WMS Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter valued at approximately $238,000. Finally, Envestnet Portfolio Solutions Inc. lifted its position in Innovator U.S. Equity Power Buffer ETF – May by 19.6% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 6,274 shares of the company’s stock valued at $248,000 after purchasing an additional 1,026 shares during the last quarter.

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.

Featured Articles

Receive News & Ratings for Innovator U.S. Equity Power Buffer ETF - May Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovator U.S. Equity Power Buffer ETF - May and related companies with MarketBeat.com's FREE daily email newsletter.