16,590 Shares in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Acquired by Riggs Capital Management LLC

Riggs Capital Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) in the 4th quarter, HoldingsChannel reports. The firm bought 16,590 shares of the company’s stock, valued at approximately $596,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Benjamin Edwards Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 3rd quarter worth $944,000. Jane Street Group LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – May in the 3rd quarter worth about $1,025,000. EP Wealth Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May during the 3rd quarter worth about $2,293,000. JPMorgan Chase & Co. lifted its stake in Innovator U.S. Equity Power Buffer ETF – May by 3,004.2% during the third quarter. JPMorgan Chase & Co. now owns 13,410 shares of the company’s stock valued at $473,000 after buying an additional 12,978 shares in the last quarter. Finally, Cardinal Point Capital Management ULC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth about $201,000.

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

Innovator U.S. Equity Power Buffer ETF – May stock opened at $35.68 on Monday. Innovator U.S. Equity Power Buffer ETF – May has a fifty-two week low of $32.45 and a fifty-two week high of $36.57. The firm’s 50 day simple moving average is $36.21 and its 200-day simple moving average is $35.82. The company has a market cap of $497.67 million, a P/E ratio of 26.12 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.