Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Shares Sold by Raymond James & Associates

Raymond James & Associates lessened its stake in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 26.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 127,708 shares of the company’s stock after selling 46,200 shares during the quarter. Raymond James & Associates owned 0.78% of Innovator U.S. Equity Power Buffer ETF – May worth $4,501,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of PMAY. CNB Bank acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the first quarter worth about $34,000. CreativeOne Wealth LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 342.8% during the first quarter. CreativeOne Wealth LLC now owns 33,169 shares of the company’s stock worth $1,077,000 after purchasing an additional 25,679 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 39.3% during the first quarter. B. Riley Wealth Advisors Inc. now owns 9,381 shares of the company’s stock worth $277,000 after purchasing an additional 2,645 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 297.4% during the first quarter. Cetera Investment Advisers now owns 298,035 shares of the company’s stock worth $9,677,000 after purchasing an additional 223,043 shares in the last quarter. Finally, Maxwell Wealth Strategies Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the first quarter worth about $205,000.

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

BATS:PMAY opened at $35.26 on Friday. The stock has a 50 day simple moving average of $35.07 and a 200-day simple moving average of $34.24. The firm has a market capitalization of $579.32 million, a PE ratio of 23.99 and a beta of 0.38.

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

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.