Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sets New 52-Week High – What’s Next?

Shares of Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) hit a new 52-week high during trading on Friday. The stock traded as high as $49.12 and last traded at $49.0940, with a volume of 623 shares. The stock had previously closed at $48.96.

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

The stock has a 50 day moving average price of $48.61 and a two-hundred day moving average price of $47.46. The company has a market capitalization of $776.46 million, a price-to-earnings ratio of 25.08 and a beta of 0.40.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lido Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the 4th quarter valued at $1,572,000. Riverchase Wealth Management LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March during the first quarter valued at $527,000. Vantage Point Financial LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March during the first quarter valued at $1,277,000. KFG Wealth Management LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – March by 13.8% in the first quarter. KFG Wealth Management LLC now owns 91,102 shares of the company’s stock valued at $4,065,000 after acquiring an additional 11,068 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – March in the first quarter valued at about $3,316,000.

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

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.