Cornerstone Wealth LLC TN Invests $7.78 Million in Innovator Growth-100 Power Buffer ETF – January $NJAN

Cornerstone Wealth LLC TN bought a new stake in shares of Innovator Growth-100 Power Buffer ETF – January (BATS:NJAN) during the first quarter, Holdings Channel.com reports. The fund bought 136,628 shares of the company’s stock, valued at approximately $7,783,000. Innovator Growth-100 Power Buffer ETF – January accounts for approximately 4.4% of Cornerstone Wealth LLC TN’s investment portfolio, making the stock its 5th biggest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. bought a new position in Innovator Growth-100 Power Buffer ETF – January in the third quarter worth about $33,000. Advisory Services Network LLC bought a new stake in Innovator Growth-100 Power Buffer ETF – January during the 3rd quarter valued at approximately $35,000. Silicon Valley Capital Partners bought a new stake in Innovator Growth-100 Power Buffer ETF – January during the 3rd quarter valued at approximately $36,000. Centaurus Financial Inc. purchased a new position in shares of Innovator Growth-100 Power Buffer ETF – January during the 1st quarter worth approximately $124,000. Finally, Fifth Third Bancorp purchased a new position in shares of Innovator Growth-100 Power Buffer ETF – January during the 1st quarter worth approximately $152,000.

Innovator Growth-100 Power Buffer ETF – January Stock Performance

Shares of BATS:NJAN opened at $57.59 on Thursday. The firm has a market capitalization of $345.54 million, a P/E ratio of 31.37 and a beta of 0.53. The stock has a 50 day moving average price of $58.60 and a 200-day moving average price of $56.51. Innovator Growth-100 Power Buffer ETF – January has a 52-week low of $50.83 and a 52-week high of $59.07.

Innovator Growth-100 Power Buffer ETF – January Company Profile

The Innovator Growth-100 Power Buffer ETF – January (NJAN) is an exchange-traded fund that is based on the NASDAQ 100 index. The fund aims for specific buffered losses and capped gains on the NASDAQ 100 over a specific holdings period. The actively-managed fund holds options and collateral. NJAN was launched on Jan 1, 2020 and is managed by Innovator.