Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Hits New 12-Month High – Should You Buy?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $45.28 and last traded at $45.28, with a volume of 5531 shares. The stock had previously closed at $45.24.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.3%

The company has a market cap of $911.23 million, a price-to-earnings ratio of 24.14 and a beta of 0.37. The firm has a 50-day moving average price of $43.98 and a 200 day moving average price of $43.81.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Koshinski Asset Management Inc. grew its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 2.8% in the 3rd quarter. Koshinski Asset Management Inc. now owns 8,484 shares of the company’s stock worth $366,000 after acquiring an additional 234 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 4.1% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 6,566 shares of the company’s stock worth $283,000 after purchasing an additional 256 shares during the last quarter. Maridea Wealth Management LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 2.2% in the 1st quarter. Maridea Wealth Management LLC now owns 13,389 shares of the company’s stock worth $577,000 after purchasing an additional 284 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 1.3% in the 4th quarter. Valmark Advisers Inc. now owns 26,217 shares of the company’s stock worth $1,151,000 after purchasing an additional 333 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 0.9% in the 2nd quarter. Cerity Partners LLC now owns 42,599 shares of the company’s stock worth $1,759,000 after purchasing an additional 378 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

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.