Delta Investment Management LLC Acquires New Stake in Innovator Laddered Allocation Buffer ETF (BATS:BUFB)

Delta Investment Management LLC acquired a new stake in shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 26,339 shares of the company’s stock, valued at approximately $731,000. Delta Investment Management LLC owned 1.49% of Innovator Laddered Allocation Buffer ETF at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Envestnet Asset Management Inc. acquired a new position in Innovator Laddered Allocation Buffer ETF in the third quarter worth approximately $6,664,000. Truist Financial Corp acquired a new position in Innovator Laddered Allocation Buffer ETF in the fourth quarter worth approximately $3,205,000. HighTower Advisors LLC acquired a new position in Innovator Laddered Allocation Buffer ETF in the third quarter worth approximately $2,695,000. Diligent Investors LLC acquired a new position in Innovator Laddered Allocation Buffer ETF in the fourth quarter worth approximately $704,000. Finally, Syntegra Private Wealth Group LLC grew its position in Innovator Laddered Allocation Buffer ETF by 41.3% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 45,237 shares of the company’s stock worth $1,256,000 after buying an additional 13,226 shares during the last quarter.

Innovator Laddered Allocation Buffer ETF Stock Performance

Innovator Laddered Allocation Buffer ETF stock opened at $29.17 on Friday. The business has a 50-day simple moving average of $29.08 and a 200 day simple moving average of $27.79. The firm has a market capitalization of $106.47 million, a price-to-earnings ratio of 24.22 and a beta of 0.70.

Innovator Laddered Allocation Buffer ETF Profile

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.