Cornerstone Wealth LLC TN Takes $2.61 Million Position in Innovator International Developed Power Buffer ETF $IAUG

Cornerstone Wealth LLC TN purchased a new position in Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 88,934 shares of the company’s stock, valued at approximately $2,611,000. Innovator International Developed Power Buffer ETF comprises approximately 1.5% of Cornerstone Wealth LLC TN’s investment portfolio, making the stock its 20th largest position. Cornerstone Wealth LLC TN owned 5.74% of Innovator International Developed Power Buffer ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IAUG. NewCorp Financial Services Inc. acquired a new position in Innovator International Developed Power Buffer ETF in the fourth quarter valued at about $2,700,000. HighTower Advisors LLC raised its holdings in shares of Innovator International Developed Power Buffer ETF by 135.9% in the fourth quarter. HighTower Advisors LLC now owns 150,654 shares of the company’s stock valued at $4,288,000 after purchasing an additional 86,788 shares during the last quarter. Independent Financial Group LLC bought a new position in Innovator International Developed Power Buffer ETF in the first quarter valued at $1,481,000. Allworth Financial LP increased its position in shares of Innovator International Developed Power Buffer ETF by 12.8% in the fourth quarter. Allworth Financial LP now owns 712,624 shares of the company’s stock valued at $20,281,000 after acquiring an additional 80,722 shares during the last quarter. Finally, Royal Bank of Canada acquired a new position in Innovator International Developed Power Buffer ETF during the fourth quarter valued at approximately $249,000.

Innovator International Developed Power Buffer ETF Trading Up 0.1%

NYSEARCA:IAUG opened at $30.43 on Thursday. Innovator International Developed Power Buffer ETF has a 1-year low of $26.81 and a 1-year high of $30.45. The firm has a fifty day simple moving average of $30.09 and a 200 day simple moving average of $29.47. The stock has a market capitalization of $39.56 million, a PE ratio of 16.25 and a beta of 0.24.

About Innovator International Developed Power Buffer ETF

The Innovator International Developed Power Buffer ETF August (IAUG) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting August 1. The actively managed fund utilizes FLEX options and collateral IAUG was launched on Aug 1, 2024 and is issued by Innovator.