HighTower Advisors LLC Has $4.33 Million Position in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

HighTower Advisors LLC trimmed its position in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 6.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,518 shares of the company’s stock after selling 7,976 shares during the quarter. HighTower Advisors LLC owned approximately 0.73% of Innovator U.S. Equity Power Buffer ETF – May worth $4,327,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stonebridge Financial Group LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter worth approximately $58,000. Sugar Maple Asset Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter worth $79,000. Cardinal Point Capital Management ULC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter valued at $201,000. Nations Financial Group Inc. IA ADV bought a new position in Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter worth $268,000. Finally, Seros Financial LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter worth about $310,000.

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

Shares of PMAY opened at $36.03 on Thursday. The business has a 50-day moving average of $36.19 and a 200-day moving average of $35.74. Innovator U.S. Equity Power Buffer ETF – May has a 1 year low of $32.36 and a 1 year high of $36.57. The company has a market capitalization of $505.50 million, a price-to-earnings ratio of 26.17 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.