Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) Reaches New 12-Month High – Still a Buy?

Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) shares reached a new 52-week high on Wednesday . The stock traded as high as $53.72 and last traded at $53.66, with a volume of 143135 shares traded. The stock had previously closed at $53.60.

Innovator Laddered Allocation Power Buffer ETF Stock Performance

The firm has a market cap of $804.90 million, a P/E ratio of 24.31 and a beta of 0.44. The firm has a 50 day simple moving average of $52.74 and a 200 day simple moving average of $51.44.

Institutional Trading of Innovator Laddered Allocation Power Buffer ETF

Several institutional investors and hedge funds have recently made changes to their positions in BUFF. Diversify Wealth Management LLC lifted its holdings in Innovator Laddered Allocation Power Buffer ETF by 0.8% in the fourth quarter. Diversify Wealth Management LLC now owns 32,337 shares of the company’s stock worth $1,625,000 after buying an additional 250 shares during the period. Geneos Wealth Management Inc. raised its stake in Innovator Laddered Allocation Power Buffer ETF by 39.2% during the second quarter. Geneos Wealth Management Inc. now owns 1,058 shares of the company’s stock valued at $50,000 after buying an additional 298 shares during the last quarter. Brookstone Capital Management boosted its stake in Innovator Laddered Allocation Power Buffer ETF by 1.5% in the 1st quarter. Brookstone Capital Management now owns 27,078 shares of the company’s stock worth $1,338,000 after purchasing an additional 401 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Innovator Laddered Allocation Power Buffer ETF in the second quarter worth approximately $27,000. Finally, Beacon Financial Advisory LLC lifted its position in Innovator Laddered Allocation Power Buffer ETF by 3.3% in the 4th quarter. Beacon Financial Advisory LLC now owns 16,311 shares of the company’s stock valued at $813,000 after acquiring an additional 527 shares in the last quarter.

Innovator Laddered Allocation Power Buffer ETF Company Profile

The Innovator Laddered Allocation Power Buffer ETF (BUFF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of Innovators twelve monthly Power Buffer ETFs, which targets specific buffered losses and capped gains on the S&P 500. BUFF was launched on Oct 20, 2016 and is managed by Innovator.