Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Hits New 52-Week High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) reached a new 52-week high on Monday . The stock traded as high as $48.84 and last traded at $48.84, with a volume of 567 shares traded. The stock had previously closed at $48.71.

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

The company has a 50-day moving average of $47.91 and a two-hundred day moving average of $46.66. The stock has a market capitalization of $770.60 million, a PE ratio of 25.08 and a beta of 0.40.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PMAR. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – March by 56.6% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 783 shares of the company’s stock worth $35,000 after buying an additional 283 shares during the last quarter. Garton & Associates Financial Advisors LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March in the 4th quarter valued at about $56,000. JDM Financial Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – March in the 1st quarter valued at about $104,000. Elyxium Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March during the 4th quarter worth about $108,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March during the 1st quarter worth about $164,000.

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.