Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) Hits New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) reached a new 52-week high on Tuesday . The stock traded as high as $45.03 and last traded at $45.0310, with a volume of 17570 shares trading hands. The stock had previously closed at $44.9418.

Innovator U.S. Equity Power Buffer ETF – March Stock Up 0.6%

The company’s 50-day moving average is $44.72 and its 200-day moving average is $43.89. The stock has a market cap of $715.36 million, a price-to-earnings 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 company. IFP Advisors Inc grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – March by 1.3% during the third quarter. IFP Advisors Inc now owns 43,566 shares of the company’s stock worth $1,913,000 after purchasing an additional 553 shares during the last quarter. Ameriflex Group Inc. acquired a new stake in Innovator U.S. Equity Power Buffer ETF – March during the 3rd quarter worth $243,000. Orion Porfolio Solutions LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – March by 5.1% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 20,554 shares of the company’s stock valued at $903,000 after purchasing an additional 1,004 shares during the period. Dana Investment Advisors Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – March during the third quarter worth about $204,000. Finally, HighTower Advisors LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – March by 1.5% in the third quarter. HighTower Advisors LLC now owns 139,949 shares of the company’s stock worth $6,145,000 after purchasing an additional 2,053 shares during the period.

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.