Phillips Financial Management LLC Takes Position in Innovator U.S. Equity Power Buffer ETF – March $PMAR

Phillips Financial Management LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,825 shares of the company’s stock, valued at approximately $77,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Alliancebernstein L.P. raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – March by 14.6% in the first quarter. Alliancebernstein L.P. now owns 1,715,451 shares of the company’s stock valued at $68,506,000 after purchasing an additional 218,896 shares during the last quarter. Penserra Capital Management LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – March by 3.6% in the first quarter. Penserra Capital Management LLC now owns 1,215,102 shares of the company’s stock valued at $48,524,000 after purchasing an additional 42,057 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – March by 33.8% in the first quarter. Commonwealth Equity Services LLC now owns 369,942 shares of the company’s stock valued at $14,774,000 after purchasing an additional 93,399 shares during the last quarter. Focus Partners Wealth grew its position in Innovator U.S. Equity Power Buffer ETF – March by 168.2% during the first quarter. Focus Partners Wealth now owns 306,127 shares of the company’s stock valued at $12,225,000 after buying an additional 191,997 shares during the period. Finally, Kovitz Investment Group Partners LLC grew its position in Innovator U.S. Equity Power Buffer ETF – March by 36.6% during the first quarter. Kovitz Investment Group Partners LLC now owns 288,172 shares of the company’s stock valued at $11,508,000 after buying an additional 77,233 shares during the period.

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

PMAR opened at $44.04 on Thursday. The firm has a market cap of $697.07 million, a P/E ratio of 25.08 and a beta of 0.40. The firm has a 50-day moving average of $43.63 and a 200 day moving average of $42.00. Innovator U.S. Equity Power Buffer ETF – March has a fifty-two week low of $36.53 and a fifty-two week high of $42.85.

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