Cornerstone Wealth LLC TN Invests $4.35 Million in Innovator U.S. Equity Power Buffer ETF – March $PMAR

Cornerstone Wealth LLC TN bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) during the 1st quarter, HoldingsChannel reports. The institutional investor bought 93,238 shares of the company’s stock, valued at approximately $4,348,000. Innovator U.S. Equity Power Buffer ETF – March accounts for about 2.5% of Cornerstone Wealth LLC TN’s investment portfolio, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of PMAR. Annis Gardner Whiting Capital Advisors LLC increased its position in Innovator U.S. Equity Power Buffer ETF – March by 56.6% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 783 shares of the company’s stock valued at $35,000 after acquiring an additional 283 shares during the last quarter. Garton & Associates Financial Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – March in the 4th quarter valued at $56,000. Optima Capital LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March during the fourth quarter worth $72,000. Elyxium Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March during the fourth quarter worth $108,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March during the first quarter valued at $164,000.

Innovator U.S. Equity Power Buffer ETF – March Price Performance

PMAR stock opened at $47.60 on Thursday. The company has a market capitalization of $753.51 million, a PE ratio of 25.08 and a beta of 0.40. The firm’s 50-day moving average is $47.71 and its 200 day moving average is $46.38. Innovator U.S. Equity Power Buffer ETF – March has a 12 month low of $42.42 and a 12 month high of $48.17.

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

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.