Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Hits New 1-Year High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) hit a new 52-week high during trading on Monday . The company traded as high as $48.71 and last traded at $48.69, with a volume of 479 shares changing hands. The stock had previously closed at $48.49.

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

The company’s 50 day moving average price is $47.82 and its two-hundred day moving average price is $46.53. The stock has a market capitalization of $768.86 million, a PE ratio of 25.08 and a beta of 0.40.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PMAR. Focus Partners Wealth increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – March by 90.5% during the 4th quarter. Focus Partners Wealth now owns 575,120 shares of the company’s stock worth $25,847,000 after buying an additional 273,245 shares during the last quarter. Cornerstone Wealth LLC TN acquired a new position in Innovator U.S. Equity Power Buffer ETF – March in the first quarter valued at approximately $4,348,000. Hardworking Capital Advisors LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – March in the fourth quarter worth approximately $3,943,000. Kestra Advisory Services LLC grew its position in Innovator U.S. Equity Power Buffer ETF – March by 40.5% in the first quarter. Kestra Advisory Services LLC now owns 255,499 shares of the company’s stock worth $11,400,000 after acquiring an additional 73,627 shares during the period. Finally, Diversify Wealth Management LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – March during the first quarter worth $3,316,000.

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.