Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 1-Year High – Should You Buy?

Shares of Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) hit a new 52-week high on Friday . The company traded as high as $46.74 and last traded at $46.73, with a volume of 25294 shares traded. The stock had previously closed at $46.60.

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

The business has a fifty day simple moving average of $46.32 and a 200-day simple moving average of $45.01. The firm has a market cap of $937.94 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

Hedge funds and other institutional investors have recently made changes to their positions in the company. MMA Asset Management LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at $685,000. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 50.2% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 40,652 shares of the company’s stock worth $1,785,000 after purchasing an additional 13,581 shares during the period. US Bancorp DE lifted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 5,371.9% during the fourth quarter. US Bancorp DE now owns 219,915 shares of the company’s stock worth $9,659,000 after purchasing an additional 215,896 shares during the period. Integrity Advisory Solutions LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the fourth quarter worth $898,000. Finally, Galvin Gaustad & Stein LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the fourth quarter worth $545,000.

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.