Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) Reaches New 1-Year High – Still a Buy?

Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) reached a new 52-week high during trading on Tuesday . The stock traded as high as $54.00 and last traded at $53.6910, with a volume of 53882 shares changing hands. The stock had previously closed at $53.75.

Innovator Laddered Allocation Power Buffer ETF Trading Down 0.3%

The business has a 50-day moving average price of $53.10 and a two-hundred day moving average price of $51.77. The firm has a market capitalization of $803.55 million, a price-to-earnings ratio of 24.31 and a beta of 0.44.

Institutional Investors Weigh In On Innovator Laddered Allocation Power Buffer ETF

Institutional investors have recently added to or reduced their stakes in the company. Orion Capital Management LLC acquired a new position in shares of Innovator Laddered Allocation Power Buffer ETF during the 2nd quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Innovator Laddered Allocation Power Buffer ETF during the second quarter worth about $27,000. Geneos Wealth Management Inc. grew its holdings in Innovator Laddered Allocation Power Buffer ETF by 39.2% during the second quarter. Geneos Wealth Management Inc. now owns 1,058 shares of the company’s stock worth $50,000 after acquiring an additional 298 shares during the period. Allworth Financial LP raised its position in Innovator Laddered Allocation Power Buffer ETF by 1,340.6% in the fourth quarter. Allworth Financial LP now owns 3,054 shares of the company’s stock worth $152,000 after acquiring an additional 2,842 shares in the last quarter. Finally, Bank of America Corp DE bought a new stake in Innovator Laddered Allocation Power Buffer ETF in the third quarter worth about $182,000.

Innovator Laddered Allocation Power Buffer ETF Company 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.