Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sets New 1-Year High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $47.67 and last traded at $47.64, with a volume of 7070 shares trading hands. The stock had previously closed at $47.59.

Innovator U.S. Equity Power Buffer ETF – March Stock Up 0.1%

The stock has a market capitalization of $756.04 million, a price-to-earnings ratio of 25.08 and a beta of 0.40. The company’s fifty day simple moving average is $46.26 and its 200 day simple moving average is $45.42.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. Penserra Capital Management LLC boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 1.7% in the third quarter. Penserra Capital Management LLC now owns 1,408,582 shares of the company’s stock valued at $61,850,000 after acquiring an additional 23,015 shares during the period. BCS Wealth Management boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 99.7% in the fourth quarter. BCS Wealth Management now owns 114,926 shares of the company’s stock valued at $5,165,000 after acquiring an additional 57,364 shares during the period. Blue Water Asset Management bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the fourth quarter valued at about $493,000. Mutual Advisors LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the third quarter valued at about $541,000. Finally, Ritholtz Wealth Management bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the fourth quarter valued at about $647,000.

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.