Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Reaches New 52-Week High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR)’s stock price reached a new 52-week high on Friday . The stock traded as high as $45.85 and last traded at $45.85, with a volume of 4173 shares traded. The stock had previously closed at $45.75.

Innovator U.S. Equity Power Buffer ETF – March Price Performance

The company’s 50 day moving average price is $45.18 and its two-hundred day moving average price is $44.73. The stock has a market capitalization of $723.91 million, a PE ratio of 25.08 and a beta of 0.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. World Investment Advisors grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 14.4% in the 4th quarter. World Investment Advisors now owns 6,752 shares of the company’s stock valued at $303,000 after purchasing an additional 852 shares during the last quarter. BFI Wealth Solutions LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – March in the 4th quarter valued at approximately $1,880,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 129.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 60,553 shares of the company’s stock valued at $2,721,000 after purchasing an additional 34,169 shares during the last quarter. Garton & Associates Financial Advisors LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – March in the 4th quarter valued at approximately $56,000. Finally, Rothschild Wealth LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March in the fourth quarter valued at about $286,000.

Innovator U.S. Equity Power Buffer ETF – March Company Profile

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.