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

Shares of Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $47.86 and last traded at $47.79, with a volume of 185451 shares. The stock had previously closed at $47.78.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.2%

The stock has a market capitalization of $961.63 million, a price-to-earnings ratio of 24.14 and a beta of 0.37. The firm has a 50-day moving average of $47.30 and a 200 day moving average of $46.04.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Founders Financial Securities LLC lifted its holdings in Innovator U.S. Equity Power Buffer ETF – October by 19.0% in the first quarter. Founders Financial Securities LLC now owns 74,859 shares of the company’s stock worth $3,309,000 after purchasing an additional 11,977 shares during the period. BFI Wealth Solutions LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth about $1,733,000. Rockefeller Capital Management L.P. raised its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 15,514.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 86,660 shares of the company’s stock worth $3,806,000 after buying an additional 86,105 shares in the last quarter. Signal Advisors Wealth LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 25.7% in the 1st quarter. Signal Advisors Wealth LLC now owns 116,840 shares of the company’s stock worth $5,037,000 after acquiring an additional 23,870 shares during the period. Finally, Talon Private Wealth LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 1st quarter worth approximately $6,216,000.

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.