Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) Reaches New 52-Week High – Here’s Why

Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $53.72 and last traded at $53.66, with a volume of 143135 shares changing hands. The stock had previously closed at $53.60.

Innovator Laddered Allocation Power Buffer ETF Price Performance

The stock has a market cap of $805.80 million, a P/E ratio of 24.31 and a beta of 0.44. The company has a fifty day moving average price of $52.79 and a 200 day moving average price of $51.49.

Institutional Trading of Innovator Laddered Allocation Power Buffer ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Diversify Wealth Management LLC lifted its stake in shares of 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 valued at $1,625,000 after buying an additional 250 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of 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 worth $50,000 after acquiring an additional 298 shares in the last quarter. Brookstone Capital Management increased its position in shares of Innovator Laddered Allocation Power Buffer ETF by 1.5% during the first quarter. Brookstone Capital Management now owns 27,078 shares of the company’s stock worth $1,338,000 after acquiring an additional 401 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Innovator Laddered Allocation Power Buffer ETF in the 2nd quarter worth about $27,000. Finally, Beacon Financial Advisory LLC raised its holdings in shares of 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 worth $813,000 after acquiring an additional 527 shares during 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.