Brookstone Capital Management Makes New Investment in Innovator IBD 50 ETF $FFTY

Brookstone Capital Management bought a new position in Innovator IBD 50 ETF (NYSEARCA:FFTY) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 25,967 shares of the company’s stock, valued at approximately $970,000.

Several other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its holdings in shares of Innovator IBD 50 ETF by 307.2% during the second quarter. Bank of America Corp DE now owns 12,448 shares of the company’s stock valued at $404,000 after acquiring an additional 9,391 shares during the period. NewEdge Advisors LLC grew its position in Innovator IBD 50 ETF by 11.8% during the 2nd quarter. NewEdge Advisors LLC now owns 12,694 shares of the company’s stock worth $412,000 after purchasing an additional 1,338 shares in the last quarter. Del Sette Capital Management LLC grew its position in Innovator IBD 50 ETF by 63.3% during the 2nd quarter. Del Sette Capital Management LLC now owns 20,524 shares of the company’s stock worth $667,000 after purchasing an additional 7,954 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in Innovator IBD 50 ETF during the 2nd quarter valued at $996,000. Finally, Brookwood Investment Group LLC purchased a new stake in shares of Innovator IBD 50 ETF in the second quarter valued at $300,000.

Innovator IBD 50 ETF Stock Down 1.9%

Shares of Innovator IBD 50 ETF stock opened at $35.73 on Tuesday. Innovator IBD 50 ETF has a 12 month low of $22.91 and a 12 month high of $41.36. The stock has a market cap of $98.26 million, a PE ratio of 30.34 and a beta of 1.35. The business has a fifty day simple moving average of $36.28 and a 200-day simple moving average of $35.33.

About Innovator IBD 50 ETF

The Innovator IBD 50 ETF (FFTY) is an exchange-traded fund that is based on the IBD 50 index. The fund tracks an index of 50 US-listed stocks with aggressive growth characteristics. Holdings are selected based on fundamental and technical rankings FFTY was launched on Apr 9, 2015 and is managed by Innovator.