Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Hits New 12-Month High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $46.46 and last traded at $46.46, with a volume of 974 shares traded. The stock had previously closed at $46.28.

Innovator U.S. Equity Power Buffer ETF – October Stock Down 0.0%

The firm has a market cap of $931.11 million, a price-to-earnings ratio of 24.14 and a beta of 0.37. The company’s 50-day moving average price is $45.94 and its 200-day moving average price is $44.65.

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

Several large investors have recently added to or reduced their stakes in the business. Certified Advisory Corp increased its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 26.3% during the fourth quarter. Certified Advisory Corp now owns 137,995 shares of the company’s stock worth $6,061,000 after acquiring an additional 28,777 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Innovator U.S. Equity Power Buffer ETF – October by 157.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 831,988 shares of the company’s stock valued at $36,774,000 after purchasing an additional 508,606 shares during the period. US Bancorp DE boosted its holdings in Innovator U.S. Equity Power Buffer ETF – October by 5,371.9% in the fourth quarter. US Bancorp DE now owns 219,915 shares of the company’s stock valued at $9,659,000 after purchasing an additional 215,896 shares during the period. U.S. Capital Wealth Advisors LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – October by 50.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 40,652 shares of the company’s stock worth $1,785,000 after purchasing an additional 13,581 shares in the last quarter. Finally, Galvin Gaustad & Stein LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth $545,000.

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.