Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Reaches New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $41.51 and last traded at $41.51, with a volume of 200602 shares trading hands. The stock had previously closed at $41.31.

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

The stock has a fifty day simple moving average of $41.09 and a two-hundred day simple moving average of $40.30. The stock has a market cap of $695.42 million, a price-to-earnings ratio of 23.79 and a beta of 0.44.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Jessup Wealth Management Inc bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter valued at approximately $56,000. Fifth Third Bancorp acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May in the first quarter valued at approximately $80,000. Optima Capital LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth $107,000. Foundry Financial Group Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth $203,000. Finally, WMS Group LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 4th quarter valued at $238,000.

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.