Benjamin Edwards Inc. Makes New Investment in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Benjamin Edwards Inc. acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,782 shares of the company’s stock, valued at approximately $944,000.

Several other hedge funds also recently modified their holdings of the stock. Hazlett Burt & Watson Inc. boosted its position in Innovator U.S. Equity Power Buffer ETF – May by 90.0% during the second quarter. Hazlett Burt & Watson Inc. now owns 950 shares of the company’s stock valued at $32,000 after purchasing an additional 450 shares during the last quarter. BigSur Wealth Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the 2nd quarter worth approximately $51,000. Continuum Advisory LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 36.5% during the 2nd quarter. Continuum Advisory LLC now owns 2,915 shares of the company’s stock worth $99,000 after purchasing an additional 780 shares in the last quarter. Transform Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter valued at approximately $208,000. Finally, Drive Wealth Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the second quarter valued at $262,000.

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

BATS PMAY opened at $36.01 on Friday. The company has a market capitalization of $591.64 million, a price-to-earnings ratio of 23.99 and a beta of 0.38. The stock’s 50-day moving average price is $35.53 and its two-hundred day moving average price is $34.73.

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