Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 1-Year High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) hit a new 52-week high on Tuesday . The company traded as high as $46.72 and last traded at $46.67, with a volume of 4516 shares traded. The stock had previously closed at $46.68.

Innovator U.S. Equity Power Buffer ETF – October Stock Up 0.2%

The stock has a market cap of $936.73 million, a P/E ratio of 24.14 and a beta of 0.37. The firm has a 50 day simple moving average of $46.13 and a 200-day simple moving average of $44.79.

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

A number of large investors have recently added to or reduced their stakes in POCT. Certified Advisory Corp increased its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 26.3% in the fourth quarter. Certified Advisory Corp now owns 137,995 shares of the company’s stock valued at $6,061,000 after purchasing an additional 28,777 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 157.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 831,988 shares of the company’s stock worth $36,774,000 after buying an additional 508,606 shares during the last quarter. US Bancorp DE boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 5,371.9% during the 4th quarter. US Bancorp DE now owns 219,915 shares of the company’s stock worth $9,659,000 after buying an additional 215,896 shares during the period. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 50.2% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 40,652 shares of the company’s stock worth $1,785,000 after buying an additional 13,581 shares during the period. Finally, MMA Asset Management LLC bought a new stake in shares of Innovator U.S. Equity Power Buffer ETF – October during the 4th quarter worth about $685,000.

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.