Cornerstone Wealth LLC TN Makes New Investment in Innovator U.S. Equity Power Buffer ETF – October $POCT

Cornerstone Wealth LLC TN acquired a new stake in Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 181,597 shares of the company’s stock, valued at approximately $8,215,000. Innovator U.S. Equity Power Buffer ETF – October comprises approximately 4.7% of Cornerstone Wealth LLC TN’s investment portfolio, making the stock its 3rd largest position. Cornerstone Wealth LLC TN owned 0.90% of Innovator U.S. Equity Power Buffer ETF – October at the end of the most recent quarter.

Several other large investors also recently modified their holdings of POCT. Arkadios Wealth Advisors boosted its holdings in shares of Innovator U.S. Equity Power Buffer ETF – October by 21.3% during the 1st quarter. Arkadios Wealth Advisors now owns 35,291 shares of the company’s stock worth $1,521,000 after buying an additional 6,187 shares during the period. Talon Private Wealth LLC acquired a new position in Innovator U.S. Equity Power Buffer ETF – October in the 1st quarter valued at about $6,216,000. Envision Financial Transparency LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – October in the 1st quarter valued at about $570,000. Bellwether Advisors LLC raised its holdings in Innovator U.S. Equity Power Buffer ETF – October by 20.9% in the 1st quarter. Bellwether Advisors LLC now owns 55,118 shares of the company’s stock valued at $2,376,000 after acquiring an additional 9,533 shares during the period. Finally, Independent Financial Group LLC bought a new position in Innovator U.S. Equity Power Buffer ETF – October in the 1st quarter valued at about $1,083,000.

Innovator U.S. Equity Power Buffer ETF – October Stock Down 0.7%

Shares of POCT stock opened at $46.22 on Thursday. Innovator U.S. Equity Power Buffer ETF – October has a 12-month low of $41.45 and a 12-month high of $46.74. The company has a market capitalization of $928.10 million, a PE ratio of 24.14 and a beta of 0.37. The firm has a 50 day moving average price of $46.30 and a two-hundred day moving average price of $45.00.

Innovator U.S. Equity Power Buffer ETF – October Company Profile

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.