Independent Financial Group LLC Invests $1.08 Million in Innovator U.S. Equity Power Buffer ETF – October $POCT

Independent Financial Group LLC purchased a new stake in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,131 shares of the company’s stock, valued at approximately $1,083,000. Independent Financial Group LLC owned 0.13% of Innovator U.S. Equity Power Buffer ETF – October at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Cerity Partners LLC grew its stake in Innovator U.S. Equity Power Buffer ETF – October by 0.9% in the 2nd quarter. Cerity Partners LLC now owns 42,599 shares of the company’s stock valued at $1,759,000 after buying an additional 378 shares during the last quarter. Benjamin Edwards Inc. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the second quarter worth approximately $1,208,000. JPMorgan Chase & Co. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the third quarter worth approximately $228,000. US Bancorp DE acquired a new position in shares of Innovator U.S. Equity Power Buffer ETF – October in the third quarter valued at approximately $173,000. Finally, Alliancebernstein L.P. grew its position in shares of 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 valued at $85,503,000 after purchasing an additional 190,348 shares during the last quarter.

Innovator U.S. Equity Power Buffer ETF – October Trading Up 0.1%

Shares of BATS POCT opened at $46.53 on Tuesday. The firm has a market cap of $934.32 million, a P/E ratio of 24.14 and a beta of 0.37. The business’s 50 day moving average is $46.22 and its 200-day moving average is $44.88. Innovator U.S. Equity Power Buffer ETF – October has a 1-year low of $41.45 and a 1-year high of $46.74.

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.