Envestnet Asset Management Inc. Raises Holdings in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Envestnet Asset Management Inc. raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 92.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 158,150 shares of the company’s stock after purchasing an additional 76,060 shares during the period. Envestnet Asset Management Inc.’s holdings in Innovator U.S. Equity Power Buffer ETF – May were worth $5,394,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PMAY. Hazlett Burt & Watson Inc. boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 90.0% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 950 shares of the company’s stock worth $32,000 after buying an additional 450 shares during the last quarter. CNB Bank purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter worth $34,000. BigSur Wealth Management LLC purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 2nd quarter worth $51,000. Continuum Advisory LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – May by 36.5% in the 2nd quarter. Continuum Advisory LLC now owns 2,915 shares of the company’s stock worth $99,000 after buying an additional 780 shares during the last quarter. Finally, PCA Investment Advisory Services Inc. purchased a new position in shares of Innovator U.S. Equity Power Buffer ETF – May in the 4th quarter worth $204,000.

Innovator U.S. Equity Power Buffer ETF – May Trading Up 0.2 %

PMAY stock opened at $35.24 on Tuesday. The stock has a market cap of $579.05 million, a P/E ratio of 23.99 and a beta of 0.38. The business has a 50-day moving average price of $34.56 and a two-hundred day moving average price of $33.78.

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.