Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Sets New 52-Week High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $47.51 and last traded at $47.51, with a volume of 1080 shares changing hands. The stock had previously closed at $47.43.

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

The stock has a market capitalization of $952.80 million, a price-to-earnings ratio of 24.14 and a beta of 0.37. The firm’s fifty day moving average is $46.75 and its 200-day moving average is $45.44.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Wellington Grp LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – October during the 1st quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the third quarter valued at $29,000. Community Financial Services Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 2nd quarter worth approximately $39,000. Garton & Associates Financial Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at approximately $71,000. Finally, Glen Eagle Advisors LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter worth approximately $152,000.

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.