Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 1-Year High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $46.41 and last traded at $46.41, with a volume of 40707 shares. The stock had previously closed at $46.10.

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

The firm has a fifty day simple moving average of $45.57 and a 200-day simple moving average of $44.45. The firm has a market cap of $926.09 million, a P/E ratio of 24.14 and a beta of 0.37.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alliancebernstein L.P. boosted its holdings in Innovator U.S. Equity Power Buffer ETF – October by 10.6% in the third quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock worth $85,503,000 after acquiring an additional 190,348 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 36.3% in the fourth quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock valued at $69,304,000 after purchasing an additional 420,361 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 340.7% in the fourth quarter. Brookstone Capital Management now owns 893,154 shares of the company’s stock valued at $39,227,000 after purchasing an additional 690,470 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 157.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 831,988 shares of the company’s stock valued at $36,774,000 after purchasing an additional 508,606 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 13.1% in the fourth quarter. Osaic Holdings Inc. now owns 795,864 shares of the company’s stock valued at $34,954,000 after purchasing an additional 92,441 shares in the last quarter.

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

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.