IronBridge Private Wealth LLC Trims Stock Position in Innovator IBD 50 ETF (NYSEARCA:FFTY)

IronBridge Private Wealth LLC lowered its position in shares of Innovator IBD 50 ETF (NYSEARCA:FFTY) by 2.5% in the 4th quarter, HoldingsChannel reports. The firm owned 288,049 shares of the company’s stock after selling 7,342 shares during the quarter. Innovator IBD 50 ETF makes up about 3.0% of IronBridge Private Wealth LLC’s holdings, making the stock its 9th biggest holding. IronBridge Private Wealth LLC owned 0.09% of Innovator IBD 50 ETF worth $8,235,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in Innovator IBD 50 ETF in the 4th quarter worth approximately $284,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Innovator IBD 50 ETF during the fourth quarter worth approximately $437,000. Finally, Jane Street Group LLC lifted its holdings in shares of Innovator IBD 50 ETF by 51.5% in the 3rd quarter. Jane Street Group LLC now owns 49,781 shares of the company’s stock worth $1,339,000 after acquiring an additional 16,912 shares during the last quarter.

Innovator IBD 50 ETF Stock Performance

FFTY stock opened at $26.23 on Friday. The firm has a market cap of $61.64 million, a P/E ratio of 29.59 and a beta of 1.26. The firm’s fifty day moving average is $27.80 and its 200 day moving average is $28.90. Innovator IBD 50 ETF has a 52 week low of $22.91 and a 52 week high of $34.26.

Innovator IBD 50 ETF Company Profile

The Innovator IBD 50 ETF (FFTY) is an exchange-traded fund that is based on the IBD 50 index. The fund tracks an index of 50 US-listed stocks with aggressive growth characteristics. Holdings are selected based on fundamental and technical rankings FFTY was launched on Apr 9, 2015 and is managed by Innovator.