Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) Position Lowered by KFG Wealth Management LLC

KFG Wealth Management LLC lowered its position in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 5.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,176 shares of the company’s stock after selling 8,931 shares during the period. Innovator U.S. Equity Power Buffer ETF – May accounts for approximately 2.1% of KFG Wealth Management LLC’s portfolio, making the stock its 9th largest position. KFG Wealth Management LLC owned 1.20% of Innovator U.S. Equity Power Buffer ETF – May worth $5,039,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PMAY. Cornerstone Wealth Group LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 78.3% in the 1st quarter. Cornerstone Wealth Group LLC now owns 12,202 shares of the company’s stock valued at $396,000 after purchasing an additional 5,358 shares during the last quarter. RFG Advisory LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May in the 1st quarter valued at $442,000. McAlister Sweet & Associates Inc. boosted its stake in Innovator U.S. Equity Power Buffer ETF – May by 25.7% during the 1st quarter. McAlister Sweet & Associates Inc. now owns 64,255 shares of the company’s stock worth $2,086,000 after purchasing an additional 13,155 shares during the period. PCA Investment Advisory Services Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – May during the 4th quarter worth $204,000. Finally, Financial Network Wealth Advisors LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – May in the fourth quarter valued at about $412,000.

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

PMAY stock traded up $0.05 during trading on Wednesday, hitting $34.32. The company had a trading volume of 47,087 shares. The company has a fifty day simple moving average of $33.56 and a 200-day simple moving average of $32.57. The stock has a market cap of $563.88 million, a price-to-earnings ratio of 23.99 and a beta of 0.38.

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.