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

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $46.72 and last traded at $46.67, with a volume of 4516 shares traded. The stock had previously closed at $46.68.

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

The business’s 50-day moving average is $46.17 and its 200-day moving average is $44.82. The company has a market capitalization of $937.94 million, a PE ratio of 24.14 and a beta of 0.37.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – October

Several large investors have recently made changes to their positions in the business. 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. Elmwood Wealth Management Inc. increased 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 valued at $585,000 after buying an additional 400 shares in the last quarter. MTM Financial Group LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – October by 0.5% during the first quarter. MTM Financial Group LLC now owns 69,222 shares of the company’s stock valued at $2,984,000 after buying an additional 354 shares during the last quarter. Glenmede Trust Co. NA purchased a new position in Innovator U.S. Equity Power Buffer ETF – October during the first quarter valued at $1,296,000. Finally, Wellington Grp LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – October during the first quarter valued at $27,000.

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.