Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sets New 52-Week High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) shares hit a new 52-week high on Tuesday . The stock traded as high as $47.36 and last traded at $47.25, with a volume of 17832 shares. The stock had previously closed at $47.25.

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

The stock has a fifty day moving average of $45.66 and a two-hundred day moving average of $45.11. The stock has a market cap of $747.97 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 modified their holdings of the company. Penserra Capital Management LLC increased its position in Innovator U.S. Equity Power Buffer ETF – March by 1.7% during the 3rd 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 in the last quarter. Focus Partners Wealth lifted its position 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 valued at $25,847,000 after buying an additional 273,245 shares in the last quarter. Raymond James Financial Inc. lifted its position 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 valued at $12,170,000 after buying an additional 5,669 shares in the last quarter. Kestra Advisory Services LLC grew its stake 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 buying an additional 73,627 shares during the period. Finally, LPL Financial LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – March by 6.8% during the fourth quarter. LPL Financial LLC now owns 209,851 shares of the company’s stock worth $9,431,000 after buying an additional 13,305 shares during the period.

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.