Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) hit a new 52-week high on Thursday . The company traded as high as $45.03 and last traded at $45.0950, with a volume of 17570 shares. The stock had previously closed at $44.9418.

Innovator U.S. Equity Power Buffer ETF – March Stock Up 0.5%

The stock has a 50-day moving average of $44.55 and a 200 day moving average of $43.70. The company has a market capitalization of $715.12 million, a PE ratio of 25.08 and a beta of 0.40.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – March

Several large investors have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors lifted its holdings in Innovator U.S. Equity Power Buffer ETF – March by 152.0% in the second quarter. Arkadios Wealth Advisors now owns 22,975 shares of the company’s stock worth $970,000 after buying an additional 13,859 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – March in the 2nd quarter worth approximately $89,000. Osaic Holdings Inc. lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 5.4% in the 2nd quarter. Osaic Holdings Inc. now owns 691,542 shares of the company’s stock valued at $29,204,000 after purchasing an additional 35,298 shares during the period. World Investment Advisors boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – March by 31.4% during the second quarter. World Investment Advisors now owns 6,700 shares of the company’s stock valued at $283,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Innovator U.S. Equity Power Buffer ETF – March by 10.5% in the second quarter. Cetera Investment Advisers now owns 272,471 shares of the company’s stock worth $11,506,000 after purchasing an additional 25,963 shares during the period.

About Innovator U.S. Equity Power Buffer ETF – March

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.