Brookstone Capital Management Sells 4,609 Shares of Innovator U.S. Equity Power Buffer ETF – May $PMAY

Brookstone Capital Management reduced its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 2.7% in the second quarter, HoldingsChannel reports. The fund owned 163,667 shares of the company’s stock after selling 4,609 shares during the period. Brookstone Capital Management’s holdings in Innovator U.S. Equity Power Buffer ETF – May were worth $6,185,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PMAY. Ameritas Advisory Services LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May during the second quarter valued at approximately $27,000. NorthRock Partners LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – May during the 1st quarter valued at approximately $62,000. Bernard Wealth Management Corp. increased its position in Innovator U.S. Equity Power Buffer ETF – May by 246.8% during the 2nd quarter. Bernard Wealth Management Corp. now owns 4,221 shares of the company’s stock valued at $160,000 after buying an additional 3,004 shares in the last quarter. Keystone Global Partners LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – May during the first quarter valued at $168,000. Finally, Axxcess Wealth Management LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – May in the first quarter worth $213,000.

Innovator U.S. Equity Power Buffer ETF – May Trading Up 8.6%

BATS PMAY opened at $39.00 on Friday. Innovator U.S. Equity Power Buffer ETF – May has a 12 month low of $32.70 and a 12 month high of $38.16. The stock’s fifty day moving average price is $38.68 and its 200-day moving average price is $37.50. The stock has a market cap of $656.37 million, a P/E ratio of 23.79 and a beta of 0.44.

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