Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 12-Month High – Here’s Why

Shares of Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) hit a new 52-week high on Thursday . The company traded as high as $47.64 and last traded at $47.5960, with a volume of 704 shares traded. The stock had previously closed at $47.45.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.4%

The firm has a market capitalization of $955.81 million, a P/E ratio of 24.14 and a beta of 0.37. The company’s fifty day simple moving average is $47.07 and its 200 day simple moving average is $45.77.

Hedge Funds Weigh In On Innovator U.S. Equity Power Buffer ETF – October

Several hedge funds and other institutional investors have recently modified their holdings of POCT. Wellington Grp LLC bought a new stake in Innovator U.S. Equity Power Buffer ETF – October during the 1st quarter valued at approximately $27,000. Community Financial Services Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the second quarter valued at approximately $39,000. Glen Eagle Advisors LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the 4th quarter worth about $152,000. Michels Family Financial LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at approximately $203,000. Finally, Silver Grove Financial Group Inc. purchased a new position in Innovator U.S. Equity Power Buffer ETF – October during the fourth quarter valued at $210,000.

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.