Raymond James Financial Services Advisors Inc. Invests $291,000 in Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY)

Raymond James Financial Services Advisors Inc. bought a new position in Innovator U.S. Equity Ultra Buffer ETF – May (BATS:UMAY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,881 shares of the company’s stock, valued at approximately $291,000.

Separately, MGO One Seven LLC purchased a new stake in shares of Innovator U.S. Equity Ultra Buffer ETF – May during the third quarter valued at $376,000.

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

Innovator U.S. Equity Ultra Buffer ETF – May stock opened at $30.36 on Tuesday. The stock has a market capitalization of $44.01 million, a PE ratio of 23.29 and a beta of 0.40. The firm’s 50 day simple moving average is $30.16 and its two-hundred day simple moving average is $29.30.

Innovator U.S. Equity Ultra Buffer ETF – May Company Profile

The Innovator S&P 500 Ultra Buffer ETF – May (UMAY) 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. UMAY was launched on May 1, 2020 and is managed by Innovator.