Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Sets New 52-Week High – What’s Next?

by · The Cerbat Gem

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $39.42 and last traded at $39.7550, with a volume of 6320 shares traded. The stock had previously closed at $39.39.

Innovator U.S. Equity Power Buffer ETF – May Stock Up 0.9%

The company has a market cap of $669.08 million, a P/E ratio of 23.79 and a beta of 0.44. The stock has a 50 day moving average price of $39.30 and a two-hundred day moving average price of $38.74.

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

Institutional investors have recently modified their holdings of the business. Alliancebernstein L.P. grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 28.2% in the second quarter. Alliancebernstein L.P. now owns 3,546,015 shares of the company’s stock valued at $133,998,000 after acquiring an additional 779,446 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – May by 14.1% in the 2nd quarter. Penserra Capital Management LLC now owns 1,546,071 shares of the company’s stock valued at $58,423,000 after purchasing an additional 190,840 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 239.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 170,580 shares of the company’s stock worth $6,456,000 after purchasing an additional 120,277 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 26.7% during the second quarter. Raymond James Financial Inc. now owns 507,341 shares of the company’s stock worth $19,172,000 after purchasing an additional 106,807 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 128.9% in the second quarter. Envestnet Asset Management Inc. now owns 152,722 shares of the company’s stock valued at $5,771,000 after buying an additional 85,994 shares in the last quarter.

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

(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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