Cornerstone Wealth Group LLC Acquires New Shares in Innovator International Developed Power Buffer ETF – March $IMAR

Cornerstone Wealth Group LLC acquired a new position in Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 18,453 shares of the company’s stock, valued at approximately $549,000.

Several other hedge funds have also recently bought and sold shares of the business. AdvisorNet Financial Inc bought a new position in Innovator International Developed Power Buffer ETF – March during the first quarter valued at about $38,000. Ballast Rock Private Wealth LLC boosted its stake in shares of Innovator International Developed Power Buffer ETF – March by 71.6% during the 1st quarter. Ballast Rock Private Wealth LLC now owns 16,079 shares of the company’s stock worth $467,000 after acquiring an additional 6,708 shares in the last quarter. Focus Partners Wealth acquired a new position in shares of Innovator International Developed Power Buffer ETF – March during the 4th quarter valued at about $1,544,000. HighTower Advisors LLC acquired a new position in shares of Innovator International Developed Power Buffer ETF – March during the 4th quarter valued at about $201,000. Finally, BCS Wealth Management raised its stake in shares of Innovator International Developed Power Buffer ETF – March by 100.0% in the 4th quarter. BCS Wealth Management now owns 19,430 shares of the company’s stock valued at $580,000 after acquiring an additional 9,715 shares in the last quarter.

Innovator International Developed Power Buffer ETF – March Stock Performance

IMAR opened at $30.28 on Monday. The business has a 50 day moving average price of $30.15 and a 200 day moving average price of $29.92. Innovator International Developed Power Buffer ETF – March has a twelve month low of $27.77 and a twelve month high of $30.75. The firm has a market cap of $85.69 million, a P/E ratio of 16.59 and a beta of 0.31.

About Innovator International Developed Power Buffer ETF – March

The Innovator International Developed Power Buffer ETF – March (IMAR) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting March 1. The actively managed fund utilizes FLEX options and collateral IMAR was launched on Feb 29, 2024 and is issued by Innovator.