Pinnacle Wealth Management Group Inc. Cuts Position in Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Pinnacle Wealth Management Group Inc. lessened its position in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 2.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,908 shares of the company’s stock after selling 3,250 shares during the period. Innovator U.S. Equity Power Buffer ETF – May comprises 2.5% of Pinnacle Wealth Management Group Inc.’s investment portfolio, making the stock its 15th biggest holding. Pinnacle Wealth Management Group Inc.’s holdings in Innovator U.S. Equity Power Buffer ETF – May were worth $3,909,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PMAY. Brookstone Capital Management boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 367.1% in the 2nd quarter. Brookstone Capital Management now owns 998,651 shares of the company’s stock valued at $34,433,000 after buying an additional 784,873 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 297.4% in the 1st quarter. Cetera Investment Advisers now owns 298,035 shares of the company’s stock valued at $9,677,000 after purchasing an additional 223,043 shares during the period. Wealth Enhancement Advisory Services LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – May by 157.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 330,741 shares of the company’s stock worth $11,282,000 after buying an additional 202,102 shares during the last quarter. AE Wealth Management LLC lifted its stake in Innovator U.S. Equity Power Buffer ETF – May by 200.0% in the second quarter. AE Wealth Management LLC now owns 181,508 shares of the company’s stock valued at $6,191,000 after buying an additional 121,011 shares during the last quarter. Finally, CoreCap Advisors LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – May in the second quarter valued at approximately $3,792,000.

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

PMAY stock traded up $0.07 on Friday, hitting $35.29. The company’s stock had a trading volume of 25,793 shares. The stock has a market capitalization of $579.81 million, a PE ratio of 23.99 and a beta of 0.38. The firm’s 50-day simple moving average is $34.73 and its 200 day simple moving average is $33.94.

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.