Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Hits New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) reached a new 52-week high on Monday . The company traded as high as $48.71 and last traded at $48.69, with a volume of 479 shares. The stock had previously closed at $48.49.

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

The business has a 50-day moving average of $47.82 and a 200-day moving average of $46.53. The stock has a market capitalization of $768.86 million, a price-to-earnings ratio of 25.08 and a beta of 0.40.

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

A number of institutional investors have recently made changes to their positions in PMAR. Canandaigua National Bank & Trust Co. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the 2nd quarter valued at approximately $1,138,000. CoreCap Advisors LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 5.6% during the 2nd quarter. CoreCap Advisors LLC now owns 149,462 shares of the company’s stock worth $7,140,000 after purchasing an additional 7,975 shares during the period. JDM Financial Group LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – March in the 1st quarter valued at approximately $104,000. Cornerstone Wealth LLC TN acquired a new stake in Innovator U.S. Equity Power Buffer ETF – March in the 1st quarter valued at approximately $4,348,000. Finally, Cassady Wealth & Retirement Planning LLC raised its position in Innovator U.S. Equity Power Buffer ETF – March by 36.2% in the first quarter. Cassady Wealth & Retirement Planning LLC now owns 122,807 shares of the company’s stock valued at $5,752,000 after purchasing an additional 32,655 shares during the period.

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.