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

Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $48.95 and last traded at $48.9740, with a volume of 3132 shares changing hands. The stock had previously closed at $48.80.

Innovator U.S. Equity Power Buffer ETF – March Trading Up 0.4%

The company has a market capitalization of $775.27 million, a PE ratio of 25.08 and a beta of 0.40. The stock’s 50-day moving average is $48.43 and its two-hundred day moving average is $47.23.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – March

Several hedge funds and other institutional investors have recently modified their holdings of PMAR. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – March by 56.6% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 783 shares of the company’s stock valued at $35,000 after acquiring an additional 283 shares during the period. JDM Financial Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – March in the first quarter worth $104,000. Bullseye Investment Management LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – March in the second quarter worth $112,000. Sunbelt Securities Inc. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – March in the first quarter worth $164,000. Finally, Kintra Wealth LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – March during the second quarter worth $209,000.

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.