Prasad Wealth Partners LLC Sells 21,961 Shares of Innovator Laddered Allocation Power Buffer ETF $BUFF

Prasad Wealth Partners LLC lessened its position in shares of Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) by 5.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 371,690 shares of the company’s stock after selling 21,961 shares during the period. Innovator Laddered Allocation Power Buffer ETF makes up approximately 5.1% of Prasad Wealth Partners LLC’s portfolio, making the stock its 3rd largest position. Prasad Wealth Partners LLC’s holdings in Innovator Laddered Allocation Power Buffer ETF were worth $17,469,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BUFF. NBC Securities Inc. purchased a new position in Innovator Laddered Allocation Power Buffer ETF during the first quarter valued at $41,000. Ameritas Advisory Services LLC purchased a new position in Innovator Laddered Allocation Power Buffer ETF during the second quarter valued at $47,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Innovator Laddered Allocation Power Buffer ETF during the second quarter valued at $48,000. Golden State Wealth Management LLC lifted its holdings in Innovator Laddered Allocation Power Buffer ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 1,110 shares of the company’s stock valued at $49,000 after purchasing an additional 555 shares in the last quarter. Finally, Bedel Financial Consulting Inc. lifted its holdings in Innovator Laddered Allocation Power Buffer ETF by 8.8% during the first quarter. Bedel Financial Consulting Inc. now owns 5,712 shares of the company’s stock valued at $252,000 after purchasing an additional 463 shares in the last quarter.

Innovator Laddered Allocation Power Buffer ETF Stock Up 9.1%

BUFF opened at $48.97 on Tuesday. The company has a market cap of $734.49 million, a price-to-earnings ratio of 24.31 and a beta of 0.44. Innovator Laddered Allocation Power Buffer ETF has a 52-week low of $40.55 and a 52-week high of $47.78. The firm’s fifty day simple moving average is $48.27 and its two-hundred day simple moving average is $46.27.

Innovator Laddered Allocation Power Buffer ETF Profile

The Innovator Laddered Allocation Power Buffer ETF (BUFF) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of Innovators twelve monthly Power Buffer ETFs, which targets specific buffered losses and capped gains on the S&P 500. BUFF was launched on Oct 20, 2016 and is managed by Innovator.