Brookstone Capital Management Lowers Stake in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Brookstone Capital Management lowered its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 7.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 213,778 shares of the company’s stock after selling 17,289 shares during the period. Brookstone Capital Management’s holdings in Innovator U.S. Equity Power Buffer ETF – May were worth $6,941,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PMAY. Foundations Investment Advisors LLC raised its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 3.5% in the 4th quarter. Foundations Investment Advisors LLC now owns 14,598 shares of the company’s stock worth $466,000 after purchasing an additional 491 shares during the last quarter. Lincoln National Corp raised its holdings in Innovator U.S. Equity Power Buffer ETF – May by 7.8% in the fourth quarter. Lincoln National Corp now owns 184,957 shares of the company’s stock worth $5,821,000 after buying an additional 13,347 shares during the last quarter. Principal Securities Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth about $157,000. CreativeOne Wealth LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth approximately $236,000. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May during the fourth quarter valued at approximately $27,000.

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

Shares of BATS PMAY opened at $34.08 on Thursday. The stock has a market cap of $559.93 million, a price-to-earnings ratio of 23.99 and a beta of 0.38. The stock has a fifty day moving average price of $33.43 and a 200 day moving average price of $32.48.

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

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.