Encompass More Asset Management Makes New Investment in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)

Encompass More Asset Management acquired a new stake in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) in the 3rd quarter, Holdings Channel reports. The firm acquired 17,430 shares of the company’s stock, valued at approximately $679,000.

A number of other institutional investors also recently modified their holdings of the stock. Concourse Financial Group Securities Inc. bought a new stake in Innovator U.S. Equity Power Buffer ETF – October in the third quarter valued at $28,000. Allworth Financial LP increased its position in Innovator U.S. Equity Power Buffer ETF – October by 289.9% in the 3rd quarter. Allworth Financial LP now owns 807 shares of the company’s stock valued at $31,000 after buying an additional 600 shares in the last quarter. CWM LLC raised its stake in Innovator U.S. Equity Power Buffer ETF – October by 11.3% during the 2nd quarter. CWM LLC now owns 3,364 shares of the company’s stock worth $129,000 after buying an additional 342 shares during the period. Integral Investment Advisors Inc. bought a new position in Innovator U.S. Equity Power Buffer ETF – October in the second quarter worth approximately $202,000. Finally, Verdence Capital Advisors LLC acquired a new stake in Innovator U.S. Equity Power Buffer ETF – October in the third quarter valued at approximately $219,000.

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

BATS POCT opened at $39.84 on Friday. The firm’s 50 day moving average price is $39.22 and its 200 day moving average price is $38.68. The company has a market capitalization of $650.59 million, a P/E 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.