NewCorp Financial Services Inc. Invests $2.70 Million in Innovator International Developed Power Buffer ETF $IAUG

NewCorp Financial Services Inc. acquired a new position in Innovator International Developed Power Buffer ETF (NYSEARCA:IAUG) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 94,855 shares of the company’s stock, valued at approximately $2,700,000. Innovator International Developed Power Buffer ETF makes up about 2.4% of NewCorp Financial Services Inc.’s holdings, making the stock its 13th biggest position.

Other large investors have also recently made changes to their positions in the company. Truist Financial Corp bought a new stake in shares of Innovator International Developed Power Buffer ETF in the 3rd quarter worth approximately $208,000. PFG Advisors bought a new stake in shares of Innovator International Developed Power Buffer ETF in the 3rd quarter worth approximately $211,000. BCS Wealth Management bought a new stake in shares of Innovator International Developed Power Buffer ETF in the 4th quarter worth approximately $240,000. Faithward Advisors LLC bought a new stake in shares of Innovator International Developed Power Buffer ETF in the 3rd quarter worth approximately $276,000. Finally, Osaic Holdings Inc. grew its position in shares of Innovator International Developed Power Buffer ETF by 965.2% in the 2nd quarter. Osaic Holdings Inc. now owns 10,439 shares of the company’s stock worth $287,000 after buying an additional 9,459 shares during the last quarter.

Innovator International Developed Power Buffer ETF Stock Performance

Shares of IAUG stock opened at $29.90 on Monday. The firm has a market cap of $46.35 million, a P/E ratio of 16.25 and a beta of 0.25. Innovator International Developed Power Buffer ETF has a fifty-two week low of $26.55 and a fifty-two week high of $29.90. The business’s 50 day moving average price is $29.27 and its 200-day moving average price is $28.89.

Innovator International Developed Power Buffer ETF Company Profile

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.