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

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $40.50 and last traded at $40.50, with a volume of 12712 shares traded. The stock had previously closed at $40.42.

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

The company has a fifty day moving average of $39.94 and a 200-day moving average of $39.53. The firm has a market cap of $681.45 million, a P/E ratio of 23.79 and a beta of 0.44.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PMAY. JPMorgan Chase & Co. grew its stake in Innovator U.S. Equity Power Buffer ETF – May by 28.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,112 shares of the company’s stock valued at $495,000 after purchasing an additional 2,940 shares during the period. Cresset Asset Management LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter valued at $406,000. Cerity Partners LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – May by 20.9% in the 2nd quarter. Cerity Partners LLC now owns 18,500 shares of the company’s stock valued at $699,000 after purchasing an additional 3,200 shares during the period. NewEdge Advisors LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – May by 52.2% in the 2nd quarter. NewEdge Advisors LLC now owns 15,123 shares of the company’s stock valued at $571,000 after purchasing an additional 5,188 shares during the period. Finally, Alliancebernstein L.P. grew its stake in Innovator U.S. Equity Power Buffer ETF – May by 28.2% in the 2nd quarter. Alliancebernstein L.P. now owns 3,546,015 shares of the company’s stock valued at $133,998,000 after purchasing an additional 779,446 shares during the period.

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

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.