Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Hits New 1-Year High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $41.51 and last traded at $41.51, with a volume of 200602 shares. The stock had previously closed at $41.31.

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

The stock’s 50-day simple moving average is $41.05 and its 200 day simple moving average is $40.27. The company has a market capitalization of $698.45 million, a PE ratio of 23.79 and a beta of 0.44.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Independent Financial Group LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – May in the first quarter valued at approximately $3,386,000. Fifth Third Bancorp acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May during the first quarter worth approximately $80,000. Kestra Advisory Services LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – May by 56.6% during the first quarter. Kestra Advisory Services LLC now owns 202,460 shares of the company’s stock worth $8,086,000 after purchasing an additional 73,182 shares in the last quarter. Patriot Financial Group Insurance Agency LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 97.0% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 65,462 shares of the company’s stock worth $2,615,000 after buying an additional 32,231 shares during the last quarter. Finally, World Investment Advisors purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter worth approximately $260,000.

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.

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