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

Shares of Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) hit a new 52-week high during trading on Thursday . The company traded as high as $47.55 and last traded at $47.5050, with a volume of 1100 shares traded. The stock had previously closed at $47.34.

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

The company’s 50 day moving average is $46.84 and its 200 day moving average is $45.53. The stock has a market capitalization of $954.40 million, a price-to-earnings ratio of 24.14 and a beta of 0.37.

Institutional Investors Weigh In On Innovator U.S. Equity Power Buffer ETF – October

Institutional investors have recently added to or reduced their stakes in the stock. Wellington Grp LLC bought a new position in shares of Innovator U.S. Equity Power Buffer ETF – October during the first quarter valued at $27,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 3rd quarter worth about $29,000. Community Financial Services Group LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October in the 2nd quarter worth about $39,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth about $71,000. Finally, Glen Eagle Advisors LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter valued at about $152,000.

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.