Heritage Wealth Management Inc. Raises Stake in Innovator Laddered Allocation Buffer ETF $BUFB

Heritage Wealth Management Inc. boosted its stake in shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 84.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,986 shares of the company’s stock after buying an additional 22,386 shares during the quarter. Heritage Wealth Management Inc. owned approximately 0.79% of Innovator Laddered Allocation Buffer ETF worth $1,751,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. DHJJ Financial Advisors Ltd. grew its position in shares of Innovator Laddered Allocation Buffer ETF by 170.2% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 1,635 shares of the company’s stock valued at $55,000 after acquiring an additional 1,030 shares during the period. Ibex Wealth Advisors purchased a new position in Innovator Laddered Allocation Buffer ETF in the second quarter valued at approximately $205,000. Trail Ridge Investment Advisors LLC bought a new position in Innovator Laddered Allocation Buffer ETF during the second quarter valued at $209,000. Capital Investment Advisors LLC purchased a new stake in Innovator Laddered Allocation Buffer ETF in the third quarter worth $210,000. Finally, Chapman Financial Group LLC bought a new stake in shares of Innovator Laddered Allocation Buffer ETF in the second quarter valued at $263,000.

Innovator Laddered Allocation Buffer ETF Stock Performance

BUFB stock opened at $36.94 on Friday. The company has a market capitalization of $230.14 million, a price-to-earnings ratio of 24.89 and a beta of 0.70. Innovator Laddered Allocation Buffer ETF has a fifty-two week low of $28.23 and a fifty-two week high of $34.49. The stock has a fifty day moving average of $36.62 and a 200-day moving average of $35.74.

About Innovator Laddered Allocation Buffer ETF

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.