Envestnet Asset Management Inc. Sells 39,688 Shares of Innovator U.S. Equity Power Buffer ETF – May $PMAY

Envestnet Asset Management Inc. trimmed its stake in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 26.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,034 shares of the company’s stock after selling 39,688 shares during the quarter. Envestnet Asset Management Inc. owned 0.67% of Innovator U.S. Equity Power Buffer ETF – May worth $4,396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of PMAY. Foundations Investment Advisors LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 6.9% during the 2nd quarter. Foundations Investment Advisors LLC now owns 6,575 shares of the company’s stock worth $248,000 after buying an additional 427 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in Innovator U.S. Equity Power Buffer ETF – May by 5.4% during the third quarter. Nations Financial Group Inc. IA ADV now owns 10,533 shares of the company’s stock worth $410,000 after acquiring an additional 543 shares in the last quarter. JDM Financial Group LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 11.0% during the second quarter. JDM Financial Group LLC now owns 6,980 shares of the company’s stock valued at $264,000 after acquiring an additional 690 shares during the period. WorthPointe LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 17.6% in the 2nd quarter. WorthPointe LLC now owns 12,609 shares of the company’s stock valued at $476,000 after purchasing an additional 1,883 shares in the last quarter. Finally, Trek Financial LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 20.1% in the 2nd quarter. Trek Financial LLC now owns 14,644 shares of the company’s stock valued at $553,000 after purchasing an additional 2,447 shares in the last quarter.

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

PMAY opened at $39.90 on Tuesday. The firm has a market cap of $671.52 million, a price-to-earnings ratio of 23.79 and a beta of 0.44. The firm’s 50-day simple moving average is $39.72 and its 200-day simple moving average is $39.15. Innovator U.S. Equity Power Buffer ETF – May has a twelve month low of $32.76 and a twelve month high of $39.96.

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.