Bright Futures Wealth Management LLC. Invests $2.90 Million in Innovator International Developed Power Buffer ETF $IAUG

Bright Futures Wealth Management LLC. bought a new position in shares of Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 104,147 shares of the company’s stock, valued at approximately $2,903,000. Innovator International Developed Power Buffer ETF comprises 2.3% of Bright Futures Wealth Management LLC.’s investment portfolio, making the stock its 8th biggest position.

Several other hedge funds have also bought and sold shares of the stock. JDM Financial Group LLC acquired a new stake in shares of Innovator International Developed Power Buffer ETF during the 3rd quarter worth approximately $31,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Innovator International Developed Power Buffer ETF during the third quarter worth $103,000. PFS Partners LLC grew its position in Innovator International Developed Power Buffer ETF by 111.9% during the third quarter. PFS Partners LLC now owns 6,193 shares of the company’s stock valued at $173,000 after buying an additional 3,271 shares during the period. DHJJ Financial Advisors Ltd. increased its holdings in Innovator International Developed Power Buffer ETF by 160.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 6,225 shares of the company’s stock valued at $174,000 after buying an additional 3,834 shares in the last quarter. Finally, Truist Financial Corp purchased a new position in Innovator International Developed Power Buffer ETF in the third quarter valued at $208,000.

Innovator International Developed Power Buffer ETF Stock Down 0.0%

IAUG stock opened at $29.49 on Monday. Innovator International Developed Power Buffer ETF has a 52-week low of $23.94 and a 52-week high of $29.63. The firm has a market cap of $76.67 million, a P/E ratio of 16.25 and a beta of 0.20. The company’s 50-day simple moving average is $29.02 and its 200-day simple moving average is $28.29.

Innovator International Developed Power Buffer ETF Profile

The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.