Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Reaches New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) shares reached a new 52-week high on Monday . The stock traded as high as $48.24 and last traded at $48.24, with a volume of 4669 shares. The stock had previously closed at $48.07.

Innovator U.S. Equity Power Buffer ETF – March Stock Up 0.4%

The stock has a market capitalization of $764.27 million, a P/E ratio of 25.08 and a beta of 0.40. The business’s 50 day simple moving average is $47.73 and its two-hundred day simple moving average is $46.42.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Focus Partners Wealth lifted its position in Innovator U.S. Equity Power Buffer ETF – March by 90.5% in the 4th quarter. Focus Partners Wealth now owns 575,120 shares of the company’s stock valued at $25,847,000 after acquiring an additional 273,245 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of 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 worth $12,170,000 after purchasing an additional 5,669 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 1.4% in the first quarter. Cetera Investment Advisers now owns 259,671 shares of the company’s stock worth $11,587,000 after purchasing an additional 3,535 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – March by 40.5% in the first quarter. Kestra Advisory Services LLC now owns 255,499 shares of the company’s stock valued at $11,400,000 after purchasing an additional 73,627 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 6.8% during the fourth quarter. LPL Financial LLC now owns 209,851 shares of the company’s stock valued at $9,431,000 after buying an additional 13,305 shares during the last quarter.

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.