Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sets New 1-Year High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) shares reached a new 52-week high during trading on Friday . The stock traded as high as $47.63 and last traded at $47.59, with a volume of 651 shares trading hands. The stock had previously closed at $47.41.

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

The firm has a fifty day moving average price of $45.95 and a 200 day moving average price of $45.28. The firm has a market capitalization of $752.40 million, a price-to-earnings ratio of 25.08 and a beta of 0.40.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – March

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Penserra Capital Management LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 1.7% during the third quarter. Penserra Capital Management LLC now owns 1,408,582 shares of the company’s stock worth $61,850,000 after purchasing an additional 23,015 shares during the last quarter. Focus Partners Wealth raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 90.5% during the fourth quarter. Focus Partners Wealth now owns 575,120 shares of the company’s stock worth $25,847,000 after purchasing an additional 273,245 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 2.0% during the second quarter. Raymond James Financial Inc. now owns 288,179 shares of the company’s stock worth $12,170,000 after purchasing an additional 5,669 shares during the last quarter. Cetera Investment Advisers raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 1.4% during the first quarter. Cetera Investment Advisers now owns 259,671 shares of the company’s stock worth $11,587,000 after purchasing an additional 3,535 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in 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 during the last quarter.

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.