Raymond James Financial Inc. Takes Position in Innovator U.S. Equity Buffer ETF – May (BATS:BMAY)

Raymond James Financial Inc. purchased a new stake in shares of Innovator U.S. Equity Buffer ETF – May (BATS:BMAY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 173,041 shares of the company’s stock, valued at approximately $6,976,000. Raymond James Financial Inc. owned about 5.71% of Innovator U.S. Equity Buffer ETF – May at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of BMAY. Penserra Capital Management LLC grew its stake in shares of Innovator U.S. Equity Buffer ETF – May by 26.1% during the third quarter. Penserra Capital Management LLC now owns 337,001 shares of the company’s stock valued at $13,298,000 after purchasing an additional 69,782 shares during the last quarter. Optimist Retirement Group LLC bought a new stake in shares of Innovator U.S. Equity Buffer ETF – May during the third quarter valued at approximately $518,000. Berkshire Money Management Inc. bought a new stake in shares of Innovator U.S. Equity Buffer ETF – May during the fourth quarter valued at approximately $287,000. FSA Advisors Inc. bought a new stake in shares of Innovator U.S. Equity Buffer ETF – May during the fourth quarter valued at approximately $202,000. Finally, Barclays PLC bought a new stake in shares of Innovator U.S. Equity Buffer ETF – May during the third quarter valued at approximately $193,000.

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

Shares of BMAY stock opened at $39.83 on Monday. Innovator U.S. Equity Buffer ETF – May has a 52-week low of $35.36 and a 52-week high of $41.36. The stock has a market cap of $126.64 million, a PE ratio of 25.23 and a beta of 0.62. The firm’s 50 day moving average price is $40.65 and its two-hundred day moving average price is $40.15.

Innovator U.S. Equity Buffer ETF – May Company Profile

The Innovator S&P 500 Buffer ETF – May (BMAY) 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. BMAY was launched on May 1, 2020 and is managed by Innovator.