Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT) Reaches New 12-Month High – Here’s Why

Innovator U.S. Equity Power Buffer ETF – October (BATS:POCT)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $47.64 and last traded at $47.5960, with a volume of 704 shares traded. The stock had previously closed at $47.45.

Innovator U.S. Equity Power Buffer ETF – October Price Performance

The stock has a market cap of $955.81 million, a PE ratio of 24.14 and a beta of 0.37. The business has a 50 day moving average price of $47.07 and a two-hundred day moving average price of $45.77.

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

Several institutional investors have recently added to or reduced their stakes in POCT. Cerity Partners LLC raised its stake in shares of Innovator U.S. Equity Power Buffer ETF – October by 36.3% during the fourth quarter. Cerity Partners LLC now owns 1,577,949 shares of the company’s stock valued at $69,304,000 after acquiring an additional 420,361 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in Innovator U.S. Equity Power Buffer ETF – October by 38,988.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 260,328 shares of the company’s stock valued at $12,183,000 after purchasing an additional 259,662 shares during the period. Janney Montgomery Scott LLC increased its holdings in Innovator U.S. Equity Power Buffer ETF – October by 3.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 280,834 shares of the company’s stock valued at $12,107,000 after purchasing an additional 10,130 shares during the period. HighTower Advisors LLC raised its position in Innovator U.S. Equity Power Buffer ETF – October by 2.7% during the 4th quarter. HighTower Advisors LLC now owns 250,883 shares of the company’s stock valued at $11,019,000 after purchasing an additional 6,613 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its position in Innovator U.S. Equity Power Buffer ETF – October by 20.0% during the 1st quarter. Kestra Advisory Services LLC now owns 254,520 shares of the company’s stock valued at $10,972,000 after purchasing an additional 42,469 shares during the last quarter.

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.