Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF) Reaches New 12-Month High – What’s Next?

Innovator Laddered Allocation Power Buffer ETF (BATS:BUFF)’s stock price reached a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $54.44 and last traded at $54.37, with a volume of 5864 shares trading hands. The stock had previously closed at $54.25.

Innovator Laddered Allocation Power Buffer ETF Price Performance

The company has a market capitalization of $815.40 million, a price-to-earnings ratio of 24.31 and a beta of 0.44. The stock has a 50-day moving average price of $53.74 and a 200-day moving average price of $52.49.

Institutional Investors Weigh In On Innovator Laddered Allocation Power Buffer ETF

Large investors have recently added to or reduced their stakes in the business. Brookstone Capital Management grew its stake in shares of Innovator Laddered Allocation Power Buffer ETF by 1.5% in the first quarter. Brookstone Capital Management now owns 27,078 shares of the company’s stock valued at $1,338,000 after acquiring an additional 401 shares in the last quarter. Orion Capital Management LLC bought a new stake in Innovator Laddered Allocation Power Buffer ETF in the 2nd quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Innovator Laddered Allocation Power Buffer ETF in the 2nd quarter valued at about $27,000. Beacon Financial Advisory LLC grew its position in shares of Innovator Laddered Allocation Power Buffer ETF by 3.3% during the 4th quarter. Beacon Financial Advisory LLC now owns 16,311 shares of the company’s stock worth $813,000 after purchasing an additional 527 shares in the last quarter. Finally, Weaver Consulting Group grew its position in shares of Innovator Laddered Allocation Power Buffer ETF by 2.9% during the 3rd quarter. Weaver Consulting Group now owns 19,557 shares of the company’s stock worth $1,054,000 after purchasing an additional 558 shares in the last quarter.

About Innovator Laddered Allocation Power Buffer ETF

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.