Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Reaches New 12-Month High – Time to Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $48.15 and last traded at $48.11, with a volume of 584 shares changing hands. The stock had previously closed at $48.03.

Innovator U.S. Equity Power Buffer ETF – March Trading Up 0.2%

The firm has a market cap of $761.58 million, a PE ratio of 25.08 and a beta of 0.40. The firm has a 50 day moving average price of $47.57 and a 200-day moving average price of $46.16.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Focus Partners Wealth increased its position in shares of 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 purchasing an additional 273,245 shares during the last quarter. Cornerstone Wealth LLC TN purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March during the 1st quarter worth $4,348,000. Hardworking Capital Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March during the fourth quarter worth $3,943,000. Kestra Advisory Services LLC grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 40.5% during the first quarter. Kestra Advisory Services LLC now owns 255,499 shares of the company’s stock worth $11,400,000 after purchasing an additional 73,627 shares in the last quarter. Finally, Diversify Wealth Management LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – March in the first quarter valued at $3,316,000.

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.