Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Sets New 52-Week High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCTGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $47.30 and last traded at $47.12, with a volume of 66642 shares changing hands. The stock had previously closed at $47.14.

Innovator U.S. Equity Power Buffer ETF – October Price Performance

The firm has a market cap of $946.17 million, a P/E ratio of 24.14 and a beta of 0.37. The stock’s 50-day simple moving average is $46.39 and its two-hundred day simple moving average is $45.09.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Cerity Partners LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 0.9% during the second quarter. Cerity Partners LLC now owns 42,599 shares of the company’s stock valued at $1,759,000 after acquiring an additional 378 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October during the second quarter valued at approximately $1,208,000. JPMorgan Chase & Co. acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 3rd quarter worth $228,000. US Bancorp DE acquired a new stake in Innovator U.S. Equity Power Buffer ETF – October in the third quarter worth about $173,000. Finally, Alliancebernstein L.P. boosted its stake in Innovator U.S. Equity Power Buffer ETF – October by 10.6% in the 3rd quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock worth $85,503,000 after purchasing an additional 190,348 shares in the last quarter.

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

(Get Free Report)

The Innovator S&P 500 Power Buffer ETF – October (POCT) 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. POCT was launched on Oct 1, 2018 and is managed by Innovator.

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