Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 52-Week High – Here’s What Happened

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $45.56 and last traded at $45.52, with a volume of 87288 shares trading hands. The stock had previously closed at $45.35.

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

The firm has a fifty day simple moving average of $44.10 and a 200 day simple moving average of $43.89. The company has a market capitalization of $916.65 million, a PE ratio of 24.14 and a beta of 0.37.

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

Institutional investors have recently made changes to their positions in the company. Alliancebernstein L.P. lifted its stake in Innovator U.S. Equity Power Buffer ETF – October by 10.6% in the third quarter. Alliancebernstein L.P. now owns 1,983,829 shares of the company’s stock worth $85,503,000 after acquiring an additional 190,348 shares during the period. Cerity Partners LLC increased its position in Innovator U.S. Equity Power Buffer ETF – October by 36.3% during 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 period. Penserra Capital Management LLC lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 1.7% in the 3rd quarter. Penserra Capital Management LLC now owns 1,443,745 shares of the company’s stock worth $62,225,000 after purchasing an additional 23,590 shares during the period. Brookstone Capital Management lifted its position in shares of Innovator U.S. Equity Power Buffer ETF – October by 340.7% in the 4th quarter. Brookstone Capital Management now owns 893,154 shares of the company’s stock worth $39,227,000 after purchasing an additional 690,470 shares during the period. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 157.3% during the fourth 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.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

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.