Nova Wealth Management Inc. Acquires 12,528 Shares of Innovator IBD Breakout Opportunities ETF $BOUT

Nova Wealth Management Inc. lifted its holdings in Innovator IBD Breakout Opportunities ETF (NYSEARCA:BOUT) by 109.4% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 23,978 shares of the company’s stock after acquiring an additional 12,528 shares during the quarter. Nova Wealth Management Inc. owned 6.85% of Innovator IBD Breakout Opportunities ETF worth $870,000 at the end of the most recent quarter.

Separately, Comprehensive Money Management Services LLC bought a new stake in shares of Innovator IBD Breakout Opportunities ETF in the 4th quarter worth approximately $1,228,000.

Innovator IBD Breakout Opportunities ETF Stock Performance

Shares of BOUT opened at $38.60 on Friday. The firm has a market cap of $11.58 million, a price-to-earnings ratio of 28.69 and a beta of 0.98. Innovator IBD Breakout Opportunities ETF has a fifty-two week low of $31.08 and a fifty-two week high of $42.41. The firm has a 50 day moving average price of $37.43 and a 200-day moving average price of $36.01.

Innovator IBD Breakout Opportunities ETF Company Profile

The Innovator IBD Breakout Opportunities ETF (BOUT) is an exchange-traded fund that is based on the IBD Breakout Stocks Total Return index. The fund tracks an index of US-listed stocks that are likely to breakout, as determined by technical analysis. Holdings are weighted by a mix of fundamental and technical factors BOUT was launched on Sep 13, 2018 and is managed by Innovator.