Phoenix Financial Ltd. Purchases New Holdings in Innovator U.S. Equity Power Buffer ETF – May $PMAY

Phoenix Financial Ltd. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) in the second quarter, HoldingsChannel reports. The firm purchased 65,175 shares of the company’s stock, valued at approximately $2,462,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Penserra Capital Management LLC grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 3.6% in the 1st quarter. Penserra Capital Management LLC now owns 1,355,231 shares of the company’s stock valued at $48,517,000 after buying an additional 46,908 shares during the period. Axxcess Wealth Management LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter worth $213,000. LPL Financial LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – May by 141.1% in the 1st quarter. LPL Financial LLC now owns 242,466 shares of the company’s stock worth $8,680,000 after purchasing an additional 141,903 shares during the period. NorthRock Partners LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter worth $62,000. Finally, Blair William & Co. IL acquired a new position in Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter worth $317,000.

Innovator U.S. Equity Power Buffer ETF – May Trading Up 8.6%

Shares of BATS PMAY opened at $39.01 on Wednesday. The firm has a market cap of $656.47 million, a PE ratio of 23.79 and a beta of 0.44. Innovator U.S. Equity Power Buffer ETF – May has a 1-year low of $32.70 and a 1-year high of $38.16. The company has a fifty day moving average price of $38.66 and a 200 day moving average price of $37.45.

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