Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Hits New 12-Month High – Time to Buy?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s stock price hit a new 52-week high on Monday . The stock traded as high as $46.46 and last traded at $46.38, with a volume of 9193 shares changing hands. The stock had previously closed at $46.28.

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

The company’s 50 day moving average is $45.67 and its 200 day moving average is $44.49. The stock has a market capitalization of $929.10 million, a price-to-earnings ratio of 24.14 and a beta of 0.37.

Institutional Trading of Innovator U.S. Equity Power Buffer ETF – October

Several institutional investors have recently modified their holdings of the company. Brookstone Capital Management grew its stake in Innovator U.S. Equity Power Buffer ETF – October by 340.7% during the fourth quarter. Brookstone Capital Management now owns 893,154 shares of the company’s stock worth $39,227,000 after buying an additional 690,470 shares during the last quarter. Allworth Financial LP acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the 4th quarter worth approximately $26,678,000. Wealth Enhancement Advisory Services LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – October by 157.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 831,988 shares of the company’s stock valued at $36,774,000 after purchasing an additional 508,606 shares in the last quarter. Cerity Partners LLC raised its position in Innovator U.S. Equity Power Buffer ETF – October by 36.3% in the 4th quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock valued at $69,304,000 after purchasing an additional 420,361 shares during the last quarter. Finally, Blair William & Co. IL grew its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 941.6% during the fourth quarter. Blair William & Co. IL now owns 371,926 shares of the company’s stock worth $16,335,000 after purchasing an additional 336,218 shares during the last quarter.

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

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.