Pinnacle Wealth Management Group Inc. Sells 1,475 Shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY)

Pinnacle Wealth Management Group Inc. reduced its position in shares of Innovator U.S. Equity Power Buffer ETF – May (BATS:PMAY) by 1.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 109,433 shares of the company’s stock after selling 1,475 shares during the quarter. Innovator U.S. Equity Power Buffer ETF – May comprises 2.4% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 16th biggest position. Pinnacle Wealth Management Group Inc. owned 0.67% of Innovator U.S. Equity Power Buffer ETF – May worth $3,929,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Penserra Capital Management LLC increased its stake in Innovator U.S. Equity Power Buffer ETF – May by 5.9% during the 3rd quarter. Penserra Capital Management LLC now owns 1,140,180 shares of the company’s stock worth $40,184,000 after purchasing an additional 63,103 shares in the last quarter. Allworth Financial LP raised its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 125.8% in the third quarter. Allworth Financial LP now owns 650,027 shares of the company’s stock valued at $22,909,000 after purchasing an additional 362,120 shares during the period. AE Wealth Management LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – May by 200.0% during the second quarter. AE Wealth Management LLC now owns 181,508 shares of the company’s stock worth $6,191,000 after acquiring an additional 121,011 shares during the period. Envestnet Asset Management Inc. increased its position in Innovator U.S. Equity Power Buffer ETF – May by 92.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 158,150 shares of the company’s stock worth $5,394,000 after buying an additional 76,060 shares during the period. Finally, Truist Financial Corp grew its position in shares of Innovator U.S. Equity Power Buffer ETF – May by 24.9% during the 2nd quarter. Truist Financial Corp now owns 86,611 shares of the company’s stock worth $2,954,000 after purchasing an additional 17,254 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – May Trading Up 0.1 %

Shares of PMAY opened at $35.90 on Tuesday. The company’s 50 day moving average price is $35.88 and its 200 day moving average price is $35.13. The firm has a market capitalization of $589.82 million, a P/E ratio of 23.99 and a beta of 0.38.

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.