Foundations Investment Advisors LLC Increases Stake in Innovator U.S. Equity Power Buffer ETF – March

Foundations Investment Advisors LLC has significantly increased its investment in the Innovator U.S. Equity Power Buffer ETF – March (BATS:PMAR) by 37.0% during the third quarter, as reported in their latest filing with the Securities and Exchange Commission (SEC). Following this increase, the fund now holds 32,849 shares, after acquiring an additional 8,874 shares during this period. The value of this stake amounts to approximately $1,289,000, which represents about 0.17% of the total shares of the ETF.

Other institutional investors and hedge funds have also shown interest in Innovator U.S. Equity Power Buffer ETF – March. For instance, Triad Wealth Partners LLC made a new investment in the second quarter valued at $36,000, while Ashton Thomas Private Wealth LLC acquired shares worth $42,000 during the same period. Additionally, Geneos Wealth Management Inc. purchased a new position valued at $105,000 in the first quarter. Hazlett Burt & Watson Inc. increased their holdings by 67.1% in the second quarter, owning 3,425 shares valued at $129,000 after buying an extra 1,375 shares. Moreover, Koshinski Asset Management Inc. also came in with a new position valued at $207,000 in the first quarter.

Current Performance Metrics

On the trading front, the Innovator U.S. Equity Power Buffer ETF – March opened at $39.42 on Thursday. The ETF has a market capitalization of $765.93 million, a price-to-earnings ratio of 23.83, and a beta of 0.44, suggesting lower volatility compared to the market. It also has a 50-day simple moving average of $38.93 and a 200-day simple moving average of $37.93, indicating its recent price trends.

About Innovator U.S. Equity Power Buffer ETF – March

The Innovator S&P 500 Power Buffer ETF – March (PMAR) is an exchange-traded fund designed to track the S&P 500 Price Return index. This fund aims to provide investors with a specified level of buffered losses and capped gains over a predetermined holding period. Actively managed, PMAR incorporates options and collateral to achieve its investment objectives. The ETF was launched on March 2, 2020, and is managed by Innovator.

Additional Insights

This growing interest from institutional investors underlines an increasing confidence in the ETF's strategy and market positioning. For detailed insights into other hedge funds holding PMAR, interested parties are encouraged to visit relevant financial tracking services.

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