Truist Financial Corp Cuts Stock Position in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Truist Financial Corp trimmed its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 11.3% in the fourth quarter, Holdings Channel reports. The firm owned 101,220 shares of the company’s stock after selling 12,941 shares during the period. Truist Financial Corp’s holdings in Innovator U.S. Equity Power Buffer ETF – May were worth $3,186,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in PMAY. tru Independence LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – May by 16.4% during the 3rd quarter. tru Independence LLC now owns 13,750 shares of the company’s stock worth $406,000 after buying an additional 1,934 shares during the period. Tennessee Valley Asset Management Partners purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter worth about $27,000. VisionPoint Advisory Group LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the third quarter worth about $535,000. KMG Fiduciary Partners LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter valued at about $209,000. Finally, Valmark Advisers Inc. grew its stake in Innovator U.S. Equity Power Buffer ETF – May by 4.3% during the 3rd quarter. Valmark Advisers Inc. now owns 38,474 shares of the company’s stock valued at $1,136,000 after purchasing an additional 1,596 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – May Stock Up 0.1 %

PMAY stock opened at $33.18 on Wednesday. The stock has a market cap of $530.22 million, a P/E ratio of 23.30 and a beta of 0.41. The business’s 50-day simple moving average is $32.47 and its 200 day simple moving average is $31.57.

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.