Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 12-Month High – What’s Next?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $47.55 and last traded at $47.5050, with a volume of 1100 shares trading hands. The stock had previously closed at $47.34.

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

The company has a market capitalization of $954.40 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 $46.84 and a two-hundred day moving average price of $45.53.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – October

Several hedge funds have recently added to or reduced their stakes in POCT. 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. MTM Financial Group LLC increased its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 0.5% in the first quarter. MTM Financial Group LLC now owns 69,222 shares of the company’s stock valued at $2,984,000 after purchasing an additional 354 shares during the period. Cerity Partners LLC raised its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 0.9% during the second quarter. Cerity Partners LLC now owns 42,599 shares of the company’s stock valued at $1,759,000 after buying an additional 378 shares during the last quarter. Elmwood Wealth Management Inc. boosted its position in Innovator U.S. Equity Power Buffer ETF – October by 3.3% during the 2nd quarter. Elmwood Wealth Management Inc. now owns 12,605 shares of the company’s stock worth $585,000 after acquiring an additional 400 shares during the period. Finally, Arete Wealth Advisors LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 3.9% during the fourth quarter. Arete Wealth Advisors LLC now owns 14,338 shares of the company’s stock valued at $630,000 after purchasing an additional 537 shares in 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.