HighTower Advisors LLC Buys 14,602 Shares of Innovator Laddered Allocation Buffer ETF $BUFB

HighTower Advisors LLC lifted its stake in shares of Innovator Laddered Allocation Buffer ETF (BATS:BUFB) by 6.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 253,806 shares of the company’s stock after purchasing an additional 14,602 shares during the quarter. HighTower Advisors LLC’s holdings in Innovator Laddered Allocation Buffer ETF were worth $9,071,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of BUFB. Acas LLC lifted its position in Innovator Laddered Allocation Buffer ETF by 1.4% during the second quarter. Acas LLC now owns 22,128 shares of the company’s stock worth $771,000 after purchasing an additional 300 shares during the period. Diversify Wealth Management LLC increased its holdings in Innovator Laddered Allocation Buffer ETF by 0.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 145,732 shares of the company’s stock valued at $5,069,000 after buying an additional 507 shares during the period. Truist Financial Corp raised its position in shares of Innovator Laddered Allocation Buffer ETF by 3.5% in the 3rd quarter. Truist Financial Corp now owns 23,434 shares of the company’s stock valued at $838,000 after buying an additional 792 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 10.1% during the 3rd quarter. Brookstone Capital Management now owns 10,754 shares of the company’s stock worth $384,000 after acquiring an additional 985 shares during the period. Finally, Independent Wealth Network Inc. lifted its holdings in shares of Innovator Laddered Allocation Buffer ETF by 5.6% during the 3rd quarter. Independent Wealth Network Inc. now owns 21,808 shares of the company’s stock worth $779,000 after acquiring an additional 1,148 shares during the period.

Innovator Laddered Allocation Buffer ETF Price Performance

Shares of BATS:BUFB opened at $37.00 on Friday. The company’s 50 day simple moving average is $36.80 and its 200 day simple moving average is $36.01. The stock has a market capitalization of $230.51 million, a price-to-earnings ratio of 24.89 and a beta of 0.70. Innovator Laddered Allocation Buffer ETF has a 1 year low of $28.23 and a 1 year high of $37.25.

Innovator Laddered Allocation Buffer ETF Profile

The Innovator Laddered Allocation Buffer ETF (BUFB) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of 12 Innovator US Equity Buffer ETFs, which target specific buffered losses and capped gains on the S&P 500. BUFB was launched on Feb 9, 2022 and is managed by Innovator.