Innovator Nasdaq-100 10 Buffer ETF – Quarterly (NASDAQ:QBUF) Trading Down 0.3% – Here’s What Happened

Shares of Innovator Nasdaq-100 10 Buffer ETF – Quarterly (NASDAQ:QBUF) traded down 0.3% on Thursday . The stock traded as low as $30.59 and last traded at $30.65. 23,307 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 42,250 shares. The stock had previously closed at $30.75.

Innovator Nasdaq-100 10 Buffer ETF – Quarterly Price Performance

The stock has a 50-day moving average price of $30.57 and a 200-day moving average price of $30.12. The company has a market capitalization of $166.00 million, a P/E ratio of 30.14 and a beta of 0.28.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Triumph Capital Management boosted its stake in shares of Innovator Nasdaq-100 10 Buffer ETF – Quarterly by 4.7% in the 2nd quarter. Triumph Capital Management now owns 23,057 shares of the company’s stock valued at $709,000 after purchasing an additional 1,044 shares during the last quarter. First Heartland Consultants Inc. acquired a new position in Innovator Nasdaq-100 10 Buffer ETF – Quarterly in the second quarter valued at $201,000. MTM Financial Group LLC lifted its holdings in Innovator Nasdaq-100 10 Buffer ETF – Quarterly by 10.2% in the first quarter. MTM Financial Group LLC now owns 13,236 shares of the company’s stock valued at $387,000 after buying an additional 1,220 shares during the period. Centaurus Financial Inc. boosted its position in Innovator Nasdaq-100 10 Buffer ETF – Quarterly by 14.4% during the first quarter. Centaurus Financial Inc. now owns 144,611 shares of the company’s stock valued at $4,224,000 after acquiring an additional 18,253 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in Innovator Nasdaq-100 10 Buffer ETF – Quarterly by 5.7% during the first quarter. Cetera Investment Advisers now owns 195,862 shares of the company’s stock valued at $5,721,000 after acquiring an additional 10,503 shares during the last quarter.

About Innovator Nasdaq-100 10 Buffer ETF – Quarterly

The Innovator Nasdaq-100 10 Buffer ETF Quarterly (QBUF) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to participate in the price movement of the QQQ ETF, up to a cap while buffering the first 10% decline. The fund resets its buffer and cap levels every three months QBUF was launched on Jun 30, 2024 and is issued by Innovator.