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 stock price reached a new 52-week high during trading on Friday. The company traded as high as $42.46 and last traded at $42.4490, with a volume of 2056 shares traded. The stock had previously closed at $42.26.

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

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

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

Institutional investors have recently added to or reduced their stakes in the stock. Continuum Advisory LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the 2nd quarter worth approximately $65,000. Fifth Third Bancorp acquired a new position in Innovator U.S. Equity Power Buffer ETF – May during the first quarter worth $80,000. WMS Group LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth $238,000. Integrated Wealth Concepts LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 8.3% during the second quarter. Integrated Wealth Concepts LLC now owns 6,515 shares of the company’s stock valued at $269,000 after acquiring an additional 500 shares during the period. Finally, World Investment Advisors bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter valued at $260,000.

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.