Summit Wealth Partners LLC Buys Shares of 11,432 Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)

Summit Wealth Partners LLC purchased a new position in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) in the third quarter, HoldingsChannel reports. The firm purchased 11,432 shares of the company’s stock, valued at approximately $445,000.

Several other institutional investors and hedge funds have also made changes to their positions in POCT. CWM LLC boosted its stake in Innovator U.S. Equity Power Buffer ETF – October by 11.3% during the second quarter. CWM LLC now owns 3,364 shares of the company’s stock valued at $129,000 after buying an additional 342 shares in the last quarter. Concourse Financial Group Securities Inc. acquired a new position in Innovator U.S. Equity Power Buffer ETF – October in the 3rd quarter worth approximately $28,000. Lincoln National Corp grew its position in Innovator U.S. Equity Power Buffer ETF – October by 12.0% during the 1st quarter. Lincoln National Corp now owns 81,124 shares of the company’s stock worth $3,041,000 after purchasing an additional 8,723 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – October by 7.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 121,490 shares of the company’s stock valued at $4,555,000 after purchasing an additional 8,656 shares during the period. Finally, Motiv8 Investments LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 4.3% in the second quarter. Motiv8 Investments LLC now owns 213,481 shares of the company’s stock valued at $8,174,000 after purchasing an additional 8,897 shares in the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Stock Down 1.2 %

BATS:POCT opened at $38.68 on Friday. The company’s fifty day simple moving average is $38.92 and its two-hundred day simple moving average is $38.38. The firm has a market capitalization of $631.64 million, a price-to-earnings ratio of 24.69 and a beta of 0.37.

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