Corrado Advisors LLC Reduces Holdings in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Corrado Advisors LLC decreased its stake in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,445 shares of the company’s stock after selling 406 shares during the period. Corrado Advisors LLC owned approximately 0.40% of Innovator U.S. Equity Power Buffer ETF – May worth $1,949,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of PMAY. Penserra Capital Management LLC lifted its position in Innovator U.S. Equity Power Buffer ETF – May by 3.6% during the first quarter. Penserra Capital Management LLC now owns 1,355,231 shares of the company’s stock valued at $48,517,000 after buying an additional 46,908 shares during the period. Raymond James Financial Inc. bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 4th quarter worth about $14,684,000. Heck Capital Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter valued at about $7,322,000. Beacon Pointe Advisors LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – May by 5.0% during the fourth quarter. Beacon Pointe Advisors LLC now owns 144,407 shares of the company’s stock worth $5,185,000 after acquiring an additional 6,814 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in Innovator U.S. Equity Power Buffer ETF – May by 1.6% in the fourth quarter. LPL Financial LLC now owns 100,563 shares of the company’s stock worth $3,611,000 after purchasing an additional 1,564 shares during the period.

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

Shares of BATS PMAY opened at $37.89 on Monday. The company has a 50 day simple moving average of $37.14 and a two-hundred day simple moving average of $36.25. Innovator U.S. Equity Power Buffer ETF – May has a fifty-two week low of $32.70 and a fifty-two week high of $37.95. The company has a market capitalization of $637.60 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

Innovator U.S. Equity Power Buffer ETF – May Profile

The Innovator S&P 500 Power Buffer ETF – May (PMAY) 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. PMAY was launched on May 1, 2020 and is managed by Innovator.