Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Hits New 52-Week High – Still a Buy?

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $47.49 and last traded at $47.49, with a volume of 634 shares trading hands. The stock had previously closed at $47.33.

Innovator U.S. Equity Power Buffer ETF – October Stock Down 0.0%

The firm has a market cap of $950.19 million, a P/E ratio of 24.14 and a beta of 0.37. The firm’s 50-day moving average price is $46.50 and its 200 day moving average price is $45.22.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of POCT. Wellington Grp LLC acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the first quarter valued at approximately $27,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the third quarter valued at approximately $29,000. Community Financial Services Group LLC purchased a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the second quarter valued at $39,000. Key Capital Management INC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October in the 4th quarter worth about $46,000. Finally, Garton & Associates Financial Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter worth approximately $71,000.

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.